322 Ivy AvePike RoadAL36064
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Pike Road at 322 Ivy Ave, Pike Road, AL, 36064 offers $2,410/mo rent that, after a $1,549/mo payment, leaves $624/mo cash flow. Total monthly income is $2,410/mo, and annual cash flow is $7,484/yr on $104,893 cash. Return on cash invested measures 27.04% in year one, and rental yield stands at 9.14% at a $316,419 entry. Equity gained on principal adds $2,042/yr while 5% annual appreciation compounds into $87,421 by year five. Five-year ROI records 140.4% and total cumulative return in cash reaches $147,271. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,410/mo property income versus a $1,549/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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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