368 Preserve Shores DrRockfordAL35136
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
Investment property for sale in Rockford at 368 Preserve Shores Dr, Rockford, AL, 35136 listed at $989,000 pairs $2,878/mo rent with a $4,841/mo payment. Total monthly income runs $2,878/mo. Return on cash invested measures 9.47% in year one, and rental yield registers 3.49% at a $989,000 basis. Equity gained on principal adds $6,382/yr, and annual property appreciation at 5% supports $273,242 by year five. Five-year ROI tracks 46.34% and total cumulative return in cash totals $150,774. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,878/mo property income relative to a $4,841/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
2 Acres lot
$N/A/sqft
$2,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35136, Rockford, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,031 (100%) |
| Owner Occupied HU | 560 (54.3%) |
| Renter Occupied HU | 111 (10.8%) |
| Vacant Housing Units | 360 (34.9%) |
| Median Home Value | $227,059 |
| Average Home Value | $230,759 |
Housing Distribution
Address Breakdown
Residential
745
Single Family
745
Multi-Family
0
Businesses
86
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dianna Cassens • Avast Realty- Birmingham
Mls Name: GALMLS
Mls Provider:
Mls ID: #21422841
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.