1586 Forest AveSaralandAL36571
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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 Saraland at 1586 Forest Ave, Saraland, AL, 36571 offers a 6.73% rental yield on a $378,300 purchase with $2,123/mo rent. 69% in year one. Equity gained on principal adds $2,441/yr while 5% annual appreciation supports $104,517 over five years. Portfolio math shows five-year ROI at 101.01% and total cumulative return in cash at $126,679. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,123/mo property income against a $1,852/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36571, Saraland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,183 (100%) |
| Owner Occupied HU | 4,858 (67.6%) |
| Renter Occupied HU | 1,840 (25.6%) |
| Vacant Housing Units | 485 ( 6.8%) |
| Median Home Value | $226,544 |
| Average Home Value | $253,096 |
Housing Distribution
Address Breakdown
Residential
7,051
Single Family
6,242
Multi-Family
809
Businesses
737
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Listed by: Frank Berry • RE/MAX Realty Professionals
Mls Name: GCMLS
Mls Provider:
Mls ID: #7568773
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.