1501 17th StNorthportAL35476
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
Rental property for sale in Northport at 1501 17th St, Northport, AL, 35476 generates $2,360/mo in rent and, after a $1,067/mo payment, leaves $1,130/mo in cash flow. Total monthly income is $2,360/mo, and annual cash flow is $13,554/yr on $72,267 invested. Return on cash invested sits at 38.66% in year one, and rental yield is 12.99% on a $218,000 entry. Equity gained on principal adds $1,407/yr, while 5% annual appreciation builds toward $60,229 over five years. Five-year ROI reaches 202.74% and total cumulative return in cash sums $146,515. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,360/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35476, Northport, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,658 (100%) |
| Owner Occupied HU | 1,519 (41.5%) |
| Renter Occupied HU | 1,862 (50.9%) |
| Vacant Housing Units | 277 ( 7.6%) |
| Median Home Value | $196,701 |
| Average Home Value | $231,460 |
Housing Distribution
Address Breakdown
Residential
3,462
Single Family
3,124
Multi-Family
338
Businesses
938
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brad Bull • Blue Creek Realty Group, LLC
Mls Name: WAMLS
Mls Provider:
Mls ID: #163257
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.