14922 Edgewater DrNorthportAL35475
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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 Northport at 14922 Edgewater Dr, Northport, AL, 35475 listed at $1,749,900 pairs $3,066/mo rent with a $8,565/mo payment. Total monthly income runs $3,066/mo. Return on cash invested measures 5.87% in year one, and rental yield registers 2.1% at a $1,749,900 basis. Equity gained on principal adds $11,292/yr, and annual property appreciation at 5% supports $483,465 by year five. Five-year ROI tracks 26.78% and total cumulative return in cash totals $151,838. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,066/mo property income relative to a $8,565/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
1.12 Acres 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
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Listed by: Tim Huddleston • eXp Realty, LLC Central
Mls Name: GALMLS
Mls Provider:
Mls ID: #21430403
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.