7200 Spunky Hollow RdLocust ForkAL35097
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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 Locust Fork at 7200 Spunky Hollow Rd, Locust Fork, AL, 35097 listed at $299,999 pairs $1,883/mo rent with a $1,468/mo payment to leave $190/mo cash flow. Total monthly income runs $1,883/mo, and annual cash flow reaches $2,280/yr on $99,450 cash to close. Return on cash invested measures 22.2% in year one, and rental yield registers 7.53% at a $299,999 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 114.41% and total cumulative return in cash totals $113,784. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,883/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35097, Locust Fork, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 685 (100%) |
| Owner Occupied HU | 550 (80.3%) |
| Renter Occupied HU | 91 (13.3%) |
| Vacant Housing Units | 44 ( 6.4%) |
| Median Home Value | $179,245 |
| Average Home Value | $196,936 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
676
Multi-Family
0
Businesses
57
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Listed by: Zak Jones • Keller Williams Metro North
Mls Name: GALMLS
Mls Provider:
Mls ID: #21412762
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.