6892 Forest Glenn CtIrvingtonAL36544
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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 Irvington at 6892 Forest Glenn Ct, Irvington, AL, 36544 offers a 12.17% rental yield on a $171,500 purchase with $1,739/mo rent. Total monthly income registers $1,739/mo, and a $839/mo payment leaves $771/mo available for distribution. Annual cash flow reaches $9,256/yr on $56,852 to close, and return on cash invested stands at 36.19% in year one. Equity gained on principal adds $1,107/yr while 5% annual appreciation supports $47,382 over five years. Portfolio math shows five-year ROI at 189.5% and total cumulative return in cash at $107,736. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,739/mo property income against a $839/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36544, Irvington, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,975 (100%) |
| Owner Occupied HU | 3,509 (70.5%) |
| Renter Occupied HU | 1,040 (20.9%) |
| Vacant Housing Units | 426 ( 8.6%) |
| Median Home Value | $205,366 |
| Average Home Value | $228,197 |
Housing Distribution
Address Breakdown
Residential
4,203
Single Family
4,133
Multi-Family
70
Businesses
189
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