1703 Oak Park LnHooverAL35080
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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 Hoover at 1703 Oak Park Ln, Hoover, AL, 35080 earns $825/mo cash flow from $3,644/mo rent with a $2,374/mo payment. Total monthly income totals $3,644/mo, and annual cash flow totals $9,904/yr on $160,778 capital. ROI tracks 26.07% on current figures, and rental yield reads 9.02% at a $485,000 purchase. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 over five years. Five-year ROI reaches 135.4% and total cumulative return in cash sums $217,694. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,644/mo property income instead of your personal income.
Single Family
Built in 2003
0.55 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35080, Helena, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,287 (100%) |
| Owner Occupied HU | 6,454 (88.6%) |
| Renter Occupied HU | 712 ( 9.8%) |
| Vacant Housing Units | 121 ( 1.7%) |
| Median Home Value | $300,000 |
| Average Home Value | $341,545 |
Housing Distribution
Address Breakdown
Residential
7,372
Single Family
7,272
Multi-Family
100
Businesses
436
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Listed by: Susie Helton • ARC Realty - Hoover
Mls Name: GALMLS
Mls Provider:
Mls ID: #21430248
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.