467 Altamont DrPleasant GroveAL35127
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 Pleasant Grove at 467 Altamont Dr, Pleasant Grove, AL, 35127 at $210,900 posts ROI 28.48% with $500/mo cash flow from $1,740/mo rent. Total monthly income equals $1,740/mo, and annual cash flow records $5,995/yr on $69,913 to close. Return on cash invested measures 28.48% and rental yield reads 9.9% at the current $210,900. Equity gained on principal adds $1,361/yr, and 5% annual appreciation supports $58,268 by year five. Five-year ROI prints 148.45% and total cumulative return in cash totals $103,786.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,740/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1992
1.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35127, Pleasant Grove, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,731 (100%) |
| Owner Occupied HU | 2,968 (79.5%) |
| Renter Occupied HU | 599 (16.1%) |
| Vacant Housing Units | 164 ( 4.4%) |
| Median Home Value | $243,053 |
| Average Home Value | $325,932 |
Housing Distribution
Address Breakdown
Residential
3,820
Single Family
3,820
Multi-Family
0
Businesses
151
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yvonnda Stephens • Keller Williams Realty Hoover
Mls Name: GALMLS
Mls Provider:
Mls ID: #21402265
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.