16012 Northwind CirNorthportAL35475
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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 16012 Northwind Cir, Northport, AL, 35475 offers a 9.05% rental yield on a $269,900 purchase with $2,036/mo rent. Total monthly income registers $2,036/mo, and a $1,321/mo payment leaves $513/mo available for distribution. Annual cash flow reaches $6,151/yr on $89,472 to close, and return on cash invested stands at 26.78% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 139% and total cumulative return in cash at $124,362. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,036/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
N/A lot
$N/A/sqft
No 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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