221 9th StPleasant GroveAL35127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pleasant Grove at 221 9th St, Pleasant Grove, AL, 35127 earns $375/mo cash flow from $1,278/mo rent with a $783/mo payment. Total monthly income totals $1,278/mo, and annual cash flow totals $4,501/yr on $53,007 capital. ROI tracks 28.4% on current figures, and rental yield reads 9.59% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 147.77% and total cumulative return in cash sums $78,330. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,278/mo property income instead of your personal income.
Single Family
Built in 1930
0.40 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Hankins • Cliff Realty, LLC
Mls Name: GALMLS
Mls ID: #21440252