7048 Apple Grove RdBaileytonAL35019
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Nearby investment properties with comparable prices
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 Baileyton at 7048 Apple Grove Rd, Baileyton, AL, 35019 offers a 9.76% rental yield on a $175,000 purchase with $1,424/mo rent. Total monthly income registers $1,424/mo, and a $857/mo payment leaves $436/mo available for distribution. Annual cash flow reaches $5,229/yr on $58,013 to close, and return on cash invested stands at 28.92% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 150.48% and total cumulative return in cash at $87,295. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,424/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35019, Baileyton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,067 (100%) |
| Owner Occupied HU | 771 (72.3%) |
| Renter Occupied HU | 198 (18.6%) |
| Vacant Housing Units | 98 ( 9.2%) |
| Median Home Value | $200,212 |
| Average Home Value | $251,125 |
Housing Distribution
Address Breakdown
Residential
1,022
Single Family
1,022
Multi-Family
0
Businesses
58
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