6130 Spunky Hollow RdLocust ForkAL35097
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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 Locust Fork at 6130 Spunky Hollow Rd, Locust Fork, AL, 35097 earns $852/mo cash flow from $1,980/mo rent with a $978/mo payment. Total monthly income totals $1,980/mo, and annual cash flow totals $10,225/yr on $66,267 capital. ROI tracks 35.34% on current figures, and rental yield reads 11.89% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 184.93% and total cumulative return in cash sums $122,545. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,980/mo property income instead of your personal income.
Single Family
Built in 1955
7.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35097, Locust Fork, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 685 (100%) |
| Owner Occupied HU | 550 (80.3%) |
| Renter Occupied HU | 91 (13.3%) |
| Vacant Housing Units | 44 ( 6.4%) |
| Median Home Value | $179,245 |
| Average Home Value | $196,936 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
676
Multi-Family
0
Businesses
57
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Listed by: William Peek • EXP Realty LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21427588
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.