13812 Providence PlNorthportAL35475
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Northport at 13812 Providence Pl, Northport, AL, 35475 earns $660/mo cash flow from $2,363/mo rent with a $1,444/mo payment. Total monthly income totals $2,363/mo, and annual cash flow totals $7,923/yr on $97,793 capital. ROI tracks 28.01% on current figures, and rental yield reads 9.61% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 145.78% and total cumulative return in cash sums $142,562. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,363/mo property income instead of your personal income.
Single Family
Built in 2007
7,840 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35475, Northport, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,630 (100%) |
| Owner Occupied HU | 7,087 (82.1%) |
| Renter Occupied HU | 773 ( 9.0%) |
| Vacant Housing Units | 770 ( 8.9%) |
| Median Home Value | $344,397 |
| Average Home Value | $388,751 |
Housing Distribution
Address Breakdown
Residential
7,347
Single Family
7,322
Multi-Family
25
Businesses
129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karl Heckman • eXp Realty, LLC Central
Mls Name: GALMLS
Mls Provider:
Mls ID: #21429278
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.