4905 Leland DrNorthportAL35473
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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 4905 Leland Dr, Northport, AL, 35473 generates $997/mo in rent, after a $1,738/mo payment. Total monthly income is $997/mo. Return on cash invested sits at 9.64% in year one, and rental yield is 3.37% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 47.05% and total cumulative return in cash sums $55,368. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $997/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
0.51 Acres lot
$N/A/sqft
No 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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