259 Forest PassJacksonAL36545
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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
Total monthly income runs $1,240/mo, and a $1,077/mo payment. Purchase price stands at $220,000, and rental yield measures 6.76% with $1,240/mo rent. Return on cash invested shows 18.74% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 96.26% and total cumulative return in cash records $70,199. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,240/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1979
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36545, Jackson, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,263 (100%) |
| Owner Occupied HU | 2,707 (63.5%) |
| Renter Occupied HU | 903 (21.2%) |
| Vacant Housing Units | 653 (15.3%) |
| Median Home Value | $208,034 |
| Average Home Value | $240,368 |
Housing Distribution
Address Breakdown
Residential
3,773
Single Family
3,600
Multi-Family
173
Businesses
391
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Listed by: Corey Besteda • IXL Real Estate LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7560778
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.