6334 Hibiscus LnNorthportAL35473
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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 6334 Hibiscus Ln, Northport, AL, 35473 offers $3,022/mo rent that, after a $1,527/mo payment, leaves $1,261/mo cash flow. Total monthly income is $3,022/mo, and annual cash flow is $15,132/yr on $103,428 cash. Return on cash invested measures 34.54% in year one, and rental yield stands at 11.62% at a $312,000 entry. Equity gained on principal adds $2,013/yr while 5% annual appreciation compounds into $86,200 by year five. Five-year ROI records 180.58% and total cumulative return in cash reaches $186,767. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,022/mo property income versus a $1,527/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
0.43 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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