507 Brookside 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
Investment property for sale in Northport at 507 Brookside Dr, Northport, AL, 35473 at $246,000 posts ROI 30.04% with $689/mo cash flow from $2,077/mo rent. Total monthly income equals $2,077/mo, and annual cash flow records $8,262/yr on $81,549 to close. Return on cash invested measures 30.04% and rental yield reads 10.13% at the current $246,000. Equity gained on principal adds $1,587/yr, and 5% annual appreciation supports $67,965 by year five. Five-year ROI prints 156.48% and total cumulative return in cash totals $127,610.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,077/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
10,018 sqft 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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Listed by: Phil Duke Jr • EXP Realty - Central
Mls Name: WAMLS
Mls Provider:
Mls ID: #169763
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.