520 6th CtPleasant GroveAL35127
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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 Pleasant Grove at 520 6th Ct, Pleasant Grove, AL, 35127 offers a 9.99% rental yield on a $177,500 purchase with $1,478/mo rent. Total monthly income registers $1,478/mo, and a $869/mo payment leaves $476/mo available for distribution. Annual cash flow reaches $5,710/yr on $58,841 to close, and return on cash invested stands at 29.61% in year one. Equity gained on principal adds $1,145/yr while 5% annual appreciation supports $49,040 over five years. Portfolio math shows five-year ROI at 154.18% and total cumulative return in cash at $90,720. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,478/mo property income against a $869/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.50 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
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Listed by: Hannah Mccandless • EXIT Realty Birmingham
Mls Name: GALMLS
Mls Provider:
Mls ID: #21398158
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.