16008 Glenncrest LnHarvestAL35749
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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 Harvest at 16008 Glenncrest Ln, Harvest, AL, 35749 offers a 7.92% rental yield on a $288,000 purchase with $1,902/mo rent. Total monthly income registers $1,902/mo, and a $1,410/mo payment leaves $276/mo available for distribution. Annual cash flow reaches $3,312/yr on $95,472 to close, and return on cash invested stands at 23.38% in year one. Equity gained on principal adds $1,858/yr while 5% annual appreciation supports $79,569 over five years. Portfolio math shows five-year ROI at 120.73% and total cumulative return in cash at $115,260. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,902/mo property income against a $1,410/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35749, Harvest, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,975 (100%) |
| Owner Occupied HU | 9,459 (86.2%) |
| Renter Occupied HU | 1,200 (10.9%) |
| Vacant Housing Units | 316 ( 2.9%) |
| Median Home Value | $321,761 |
| Average Home Value | $361,588 |
Housing Distribution
Address Breakdown
Residential
11,286
Single Family
11,264
Multi-Family
22
Businesses
258
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