2412 17th 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 2412 17th Ave, Northport, AL, 35476 uses $56,024 cash to close to unlock $7,503/yr annual cash flow and $625/mo monthly cash flow. Total monthly income runs $1,579/mo, and a $827/mo payment keeps the spread at $625/mo. Purchase price stands at $169,000, and rental yield measures 11.21% with $1,579/mo rent. Return on cash invested shows 33.3% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 174% and total cumulative return in cash records $97,483. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,579/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1977
N/A 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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