16 Heartland BlvdFort MitchellAL36856
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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 Fort Mitchell at 16 Heartland Blvd, Fort Mitchell, AL, 36856 earns $714/mo cash flow from $2,718/mo rent with a $1,720/mo payment. Total monthly income totals $2,718/mo, and annual cash flow totals $8,563/yr on $116,489 capital. ROI tracks 27.26% on current figures, and rental yield reads 9.28% at a $351,400 purchase. Equity gained on principal adds $2,268/yr, and 5% annual appreciation supports $97,085 over five years. Five-year ROI reaches 141.63% and total cumulative return in cash sums $164,985. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,718/mo property income instead of your personal income.
Single Family
Built in 2025
1.11 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36856, Fort Mitchell, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,948 (100%) |
| Owner Occupied HU | 2,088 (70.8%) |
| Renter Occupied HU | 600 (20.4%) |
| Vacant Housing Units | 260 ( 8.8%) |
| Median Home Value | $252,279 |
| Average Home Value | $237,555 |
Housing Distribution
Address Breakdown
Residential
2,911
Single Family
2,911
Multi-Family
0
Businesses
87
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Listed by: Adam Sanders • Hughston Homes Marketing
Mls Name: East Alabama BOR
Mls Provider:
Mls ID: #E102051
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.