65 Avenue Of The WatersPike RoadAL36064
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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 Pike Road at 65 Avenue Of The Waters, Pike Road, AL, 36064 uses $114,368 cash to close to unlock $1,505/yr annual cash flow and $125/mo monthly cash flow. Total monthly income runs $2,264/mo, and a $1,689/mo payment keeps the spread at $125/mo. Purchase price stands at $345,000, and rental yield measures 7.87% with $2,264/mo rent. Return on cash invested shows 21.22% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 109.92% and total cumulative return in cash records $125,716. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,264/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Single Family
Built in 2005
5,651 sqft lot
$N/A/sqft
$121 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36064, Pike Road, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,084 (100%) |
| Owner Occupied HU | 4,031 (79.3%) |
| Renter Occupied HU | 777 (15.3%) |
| Vacant Housing Units | 276 ( 5.4%) |
| Median Home Value | $377,438 |
| Average Home Value | $407,222 |
Housing Distribution
Address Breakdown
Residential
5,585
Single Family
4,368
Multi-Family
1,217
Businesses
295
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