209 Park PlPleasant GroveAL35127
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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 Pleasant Grove at 209 Park Pl, Pleasant Grove, AL, 35127 priced at $186,000 pairs $1,700/mo rent with $651/mo cash flow after a $910/mo payment. Total monthly income equals $1,700/mo, and annual cash flow comes to $7,806/yr on $61,659 invested. Return on cash invested is 32.57% in year one, and rental yield stands at 10.97% on a $186,000 basis. Equity gained on principal adds $1,200/yr, and 5% annual appreciation accumulates to $51,388 by year five. Five-year ROI measures 170.05% and total cumulative return in cash reaches $104,848. For financing, Ziffy Mortgage’s DSCR program evaluates $1,700/mo property income against a $910/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35127, Pleasant Grove, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,731 (100%) |
| Owner Occupied HU | 2,968 (79.5%) |
| Renter Occupied HU | 599 (16.1%) |
| Vacant Housing Units | 164 ( 4.4%) |
| Median Home Value | $243,053 |
| Average Home Value | $325,932 |
Housing Distribution
Address Breakdown
Residential
3,820
Single Family
3,820
Multi-Family
0
Businesses
151
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Listed by: Stacey Bryant • High Point Realty LLC
Mls Name: GALMLS
Mls ID: #21436954