3661 Broad Street RdForest HomeAL36030
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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 $1,799/mo, and a $2,839/mo payment. Purchase price stands at $580,000, and rental yield measures 3.72% with $1,799/mo rent. Return on cash invested shows 10.78% in year one, and 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 53.15% and total cumulative return in cash records $101,421. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,799/mo property income covering a $2,839/mo payment rather than investor’s personal income.
Single Family
Built in 2009
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36030, Forest Home, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 247 (100%) |
| Owner Occupied HU | 138 (55.9%) |
| Renter Occupied HU | 40 (16.2%) |
| Vacant Housing Units | 69 (27.9%) |
| Median Home Value | $152,941 |
| Average Home Value | $148,025 |
Housing Distribution
Address Breakdown
Residential
202
Single Family
202
Multi-Family
0
Businesses
8
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Listed by: Danny Rolling • Butler Land And Timber
Mls Name: Pike County BOR
Mls Provider:
Mls ID: #25105
Disclaimer: Copyright Pike County Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.