3808 Water Lily LnNorthportAL35473
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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 Northport at 3808 Water Lily Ln, Northport, AL, 35473 earns $340/mo cash flow from $1,937/mo rent with a $1,358/mo payment. Total monthly income totals $1,937/mo, and annual cash flow totals $4,076/yr on $91,958 capital. ROI tracks 24.34% on current figures, and rental yield reads 8.38% at a $277,400 purchase. Equity gained on principal adds $1,790/yr, and 5% annual appreciation supports $76,641 over five years. Five-year ROI reaches 126.07% and total cumulative return in cash sums $115,928. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,937/mo property income instead of your personal income.
Single Family
Built in 2024
8,712 sqft lot
$N/A/sqft
$375 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35473, Northport, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,684 (100%) |
| Owner Occupied HU | 5,717 (65.8%) |
| Renter Occupied HU | 2,419 (27.9%) |
| Vacant Housing Units | 548 ( 6.3%) |
| Median Home Value | $277,844 |
| Average Home Value | $372,403 |
Housing Distribution
Address Breakdown
Residential
7,688
Single Family
6,852
Multi-Family
836
Businesses
315
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Listed by: Terence McClure • D H I Realty of Alabama
Mls Name: WAMLS
Mls Provider:
Mls ID: #165019
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.