1316 12th StPleasant GroveAL35127
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Pleasant Grove at 1316 12th St, Pleasant Grove, AL, 35127 listed at $289,000 pairs $1,948/mo rent with a $1,415/mo payment to leave $316/mo cash flow. Total monthly income runs $1,948/mo, and annual cash flow reaches $3,795/yr on $95,804 cash to close. Return on cash invested measures 23.87% in year one, and rental yield registers 8.09% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 123.4% and total cumulative return in cash totals $118,226. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,948/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2012
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35127, Pleasant Grove, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,731 (100%) |
| Owner Occupied HU | 2,968 (79.5%) |
| Renter Occupied HU | 599 (16.1%) |
| Vacant Housing Units | 164 ( 4.4%) |
| Median Home Value | $243,053 |
| Average Home Value | $325,932 |
Housing Distribution
Address Breakdown
Residential
3,820
Single Family
3,820
Multi-Family
0
Businesses
151
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Listed by: Jerry King • Williams & Williams Real Estate Auctions
Mls Name: My State MLS
Mls ID: #11571354