3 Pier StPike RoadAL36064
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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 Pike Road at 3 Pier St, Pike Road, AL, 36064 with 5% annual appreciation on a $317,200 basis while $1,735/mo rent supports operations. 05% in year one. Equity gained on principal adds $2,047/yr, and five-year appreciation sums $87,637 alongside rental yield of 6.56%. Five-year ROI measures 87.63% and total cumulative return in cash totals $92,148. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,735/mo property income versus a $1,553/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
2,255 sqft lot
$N/A/sqft
$121 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36064, Pike Road, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,084 (100%) |
| Owner Occupied HU | 4,031 (79.3%) |
| Renter Occupied HU | 777 (15.3%) |
| Vacant Housing Units | 276 ( 5.4%) |
| Median Home Value | $377,438 |
| Average Home Value | $407,222 |
Housing Distribution
Address Breakdown
Residential
5,585
Single Family
4,368
Multi-Family
1,217
Businesses
295
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