419 New Hope Mountain RdIndian SpringsAL35124
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 Indian Springs at 419 New Hope Mountain Rd, Indian Springs, AL, 35124 with 5% annual appreciation on a $635,000 basis while $3,368/mo rent supports operations. 82% in year one. Equity gained on principal adds $4,098/yr, and five-year appreciation sums $175,439 alongside rental yield of 6.36%. Five-year ROI measures 96.24% and total cumulative return in cash totals $201,056. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,368/mo property income versus a $3,108/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35124, Pelham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,280 (100%) |
| Owner Occupied HU | 8,765 (77.7%) |
| Renter Occupied HU | 2,140 (19.0%) |
| Vacant Housing Units | 375 ( 3.3%) |
| Median Home Value | $337,511 |
| Average Home Value | $374,292 |
Housing Distribution
Address Breakdown
Residential
11,011
Single Family
10,486
Multi-Family
525
Businesses
1,614
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristen Parker • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21406506
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.