16831 N River Shores RdNorthportAL35475
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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 16831 N River Shores Rd, Northport, AL, 35475 uses $44,753 cash to close to unlock $3,957/yr annual cash flow and $330/mo monthly cash flow. Total monthly income runs $1,092/mo, and a $661/mo payment keeps the spread at $330/mo. Purchase price stands at $135,000, and rental yield measures 9.71% with $1,092/mo rent. Return on cash invested shows 28.75% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 149.57% and total cumulative return in cash records $66,937. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,092/mo property income covering a $661/mo payment rather than investor’s personal income.
Manufactured
Built in 2018
0.52 Acres 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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