3923 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
Rental property for sale in Northport at 3923 Water Lily Ln, Northport, AL, 35473 priced at $307,400 converts $2,820/mo rent into $1,053/mo cash flow after a $1,505/mo obligation. Total monthly income equals $2,820/mo, and annual cash flow totals $12,638/yr on $101,903 invested. Return on cash invested prints 32.31% in year one, and rental yield reads 11.01% against a $307,400 entry. Equity gained on principal adds $1,984/yr, while 5% annual appreciation compiles into $84,929 by year five. Five-year ROI reaches 168.81% and total cumulative return in cash sums $172,027. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,820/mo property income covering a $1,505/mo payment, not borrower’s personal income.
Single Family
Built in 2025
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: #167839
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.