7042 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
Rental property for sale in Irvington at 7042 Forest Glenn Ct, Irvington, AL, 36544 priced at $159,000 converts $1,469/mo rent into $572/mo cash flow after a $778/mo obligation. Total monthly income equals $1,469/mo, and annual cash flow totals $6,861/yr on $52,709 invested. Return on cash invested prints 32.93% in year one, and rental yield reads 11.09% against a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation compiles into $43,929 by year five. Five-year ROI reaches 171.96% and total cumulative return in cash sums $90,636. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,469/mo property income covering a $778/mo payment, not borrower’s personal income.
Single Family
Built in 1995
0.34 Acres 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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