16206 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
Rental property for sale in Harvest at 16206 Glenncrest Ln, Harvest, AL, 35749 generates $1,997/mo in rent and, after a $1,370/mo payment, leaves $417/mo in cash flow. Total monthly income is $1,997/mo, and annual cash flow is $5,004/yr on $92,820 invested. Return on cash invested sits at 25.3% in year one, and rental yield is 8.56% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 131.02% and total cumulative return in cash sums $121,617. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,997/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
7,740 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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