1805 Cypress Cove RdForklandAL36740
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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 Forkland at 1805 Cypress Cove Rd, Forkland, AL, 36740 earns from $0/mo rent with a $1,713/mo payment. Total monthly income totals $0/mo. ROI tracks -0.53% on current figures, and rental yield reads 0% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1999
3.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36740, Forkland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 533 (100%) |
| Owner Occupied HU | 355 (66.6%) |
| Renter Occupied HU | 52 ( 9.8%) |
| Vacant Housing Units | 126 (23.6%) |
| Median Home Value | $107,863 |
| Average Home Value | $111,211 |
Housing Distribution
Address Breakdown
Residential
496
Single Family
496
Multi-Family
0
Businesses
34
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