








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Fort Mitchell at 32 Honeysuckle Way, Fort Mitchell, AL, 36856 listed at $272,000 pairs $2,539/mo rent with a $1,331/mo payment to leave $1,004/mo cash flow. Total monthly income runs $2,539/mo, and annual cash flow reaches $12,048/yr on $90,168 cash to close. Return on cash invested measures 33.27% in year one, and rental yield registers 11.2% at a $272,000 basis. Equity gained on principal adds $1,755/yr, and annual property appreciation at 5% supports $75,149 by year five. Five-year ROI tracks 173.77% and total cumulative return in cash totals $156,689. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,539/mo property income relative to a $1,331/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 36856, Fort Mitchell, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,948 (100%) |
| Owner Occupied HU | 2,088 (70.8%) |
| Renter Occupied HU | 600 (20.4%) |
| Vacant Housing Units | 260 ( 8.8%) |
| Median Home Value | $252,279 |
| Average Home Value | $237,555 |
Residential
2,911
Single Family
2,911
Multi-Family
0
Businesses
87
Date | Event | Price |
|---|---|---|
| 2025-06-06 | Sold | $272,000 |
| 2025-05-07 | Pending sale | $267,000 |
| 2025-05-06 | Listed for sale | $267,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | N/A | N/A | $24,720 | 12.88% |
| 2023-10-15 | $622.05 | 11.89% | $21,900 | 11.39% |
| 2022-10-15 | $555.97 | 10.69% | $19,660 | 10.20% |



Listed by: Tanja Cady • Keller Williams Realty River Cities
Mls Name: CBORGA
Mls Provider:
Mls ID: #220921
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.