132 Little Airplane RdRockfordAL35136
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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
Rental property for sale in Rockford at 132 Little Airplane Rd, Rockford, AL, 35136 priced at $499,400 converts $1,357/mo rent into after a $2,444/mo obligation. Total monthly income equals $1,357/mo. Return on cash invested prints 9.31% in year one, and rental yield reads 3.26% against a $499,400 entry. Equity gained on principal adds $3,223/yr, while 5% annual appreciation compiles into $137,975 by year five. Five-year ROI reaches 45.32% and total cumulative return in cash sums $75,035. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,357/mo property income covering a $2,444/mo payment, not borrower’s personal income.
Single Family
Built in 1977
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35136, Rockford, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,031 (100%) |
| Owner Occupied HU | 560 (54.3%) |
| Renter Occupied HU | 111 (10.8%) |
| Vacant Housing Units | 360 (34.9%) |
| Median Home Value | $227,059 |
| Average Home Value | $230,759 |
Housing Distribution
Address Breakdown
Residential
745
Single Family
745
Multi-Family
0
Businesses
86
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