2902 Forest BrkNorthportAL35476
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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 2902 Forest Brk, Northport, AL, 35476 earns $1,100/mo cash flow from $2,652/mo rent with a $1,346/mo payment. Total monthly income totals $2,652/mo, and annual cash flow totals $13,197/yr on $91,163 capital. ROI tracks 34.39% on current figures, and rental yield reads 11.57% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 179.76% and total cumulative return in cash sums $163,871. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,652/mo property income instead of your personal income.
Single Family
Built in 1991
0.25 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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Listed by: Kim Harwood • Harwood Real Estate LLC
Mls Name: WAMLS
Mls Provider:
Mls ID: #168234
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.