4492 Spruce AveSaralandAL36571
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 Saraland at 4492 Spruce Ave, Saraland, AL, 36571 uses $99,417 cash to close to unlock $4,117/yr annual cash flow and $343/mo monthly cash flow. Total monthly income runs $2,036/mo, and a $1,468/mo payment keeps the spread at $343/mo. Purchase price stands at $299,900, and rental yield measures 8.15% with $2,036/mo rent. Return on cash invested shows 24.05% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 124.37% and total cumulative return in cash records $123,640. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,036/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36571, Saraland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,183 (100%) |
| Owner Occupied HU | 4,858 (67.6%) |
| Renter Occupied HU | 1,840 (25.6%) |
| Vacant Housing Units | 485 ( 6.8%) |
| Median Home Value | $226,544 |
| Average Home Value | $253,096 |
Housing Distribution
Address Breakdown
Residential
7,051
Single Family
6,242
Multi-Family
809
Businesses
737
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Francia • Wellhouse Real Estate West LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7587334
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.