532 9th AvePleasant 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 532 9th Ave, Pleasant Grove, AL, 35127 uses $71,273 cash to close to unlock $7,401/yr annual cash flow and $617/mo monthly cash flow. Total monthly income runs $1,830/mo, and a $1,052/mo payment keeps the spread at $617/mo. Purchase price stands at $215,000, and rental yield measures 10.21% with $1,830/mo rent. Return on cash invested shows 30.29% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 157.81% and total cumulative return in cash records $112,477. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,830/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 2012
0.30 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: Jan Martin • Avast Realty- Birmingham
Mls Name: GALMLS
Mls ID: #21438404