2203 22nd AveNorthportAL35476
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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 2203 22nd Ave, Northport, AL, 35476 listed at $409,900 pairs $2,506/mo rent with a $2,006/mo payment to leave $193/mo cash flow. Total monthly income runs $2,506/mo, and annual cash flow reaches $2,311/yr on $135,882 cash to close. Return on cash invested measures 21.61% in year one, and rental yield registers 7.34% at a $409,900 basis. Equity gained on principal adds $2,645/yr, and annual property appreciation at 5% supports $113,248 by year five. Five-year ROI tracks 111.25% and total cumulative return in cash totals $151,168. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,506/mo property income relative to a $2,006/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35476, Northport, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,658 (100%) |
| Owner Occupied HU | 1,519 (41.5%) |
| Renter Occupied HU | 1,862 (50.9%) |
| Vacant Housing Units | 277 ( 7.6%) |
| Median Home Value | $196,701 |
| Average Home Value | $231,460 |
Housing Distribution
Address Breakdown
Residential
3,462
Single Family
3,124
Multi-Family
338
Businesses
938
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