2387 Creekside LnJasperAL35503
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 Jasper at 2387 Creekside Ln, Jasper, AL, 35503 uses $129,285 cash to close to unlock $3,378/yr annual cash flow and $282/mo monthly cash flow. Total monthly income runs $2,483/mo, and a $1,909/mo payment keeps the spread at $282/mo. Purchase price stands at $390,000, and rental yield measures 7.64% with $2,483/mo rent. Return on cash invested shows 22.52% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 116.15% and total cumulative return in cash records $150,164. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,483/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35503, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,833 (100%) |
| Owner Occupied HU | 2,681 (69.9%) |
| Renter Occupied HU | 753 (19.6%) |
| Vacant Housing Units | 399 (10.4%) |
| Median Home Value | $161,400 |
| Average Home Value | $189,766 |
Housing Distribution
Address Breakdown
Residential
3,966
Single Family
3,966
Multi-Family
0
Businesses
179
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices