7615 Thompsons WayNorthportAL35473
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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 Northport at 7615 Thompsons Way, Northport, AL, 35473 earns $177/mo cash flow from $1,474/mo rent with a $1,125/mo payment. Total monthly income totals $1,474/mo, and annual cash flow totals $2,119/yr on $76,212 capital. ROI tracks 22.69% on current figures, and rental yield reads 7.69% at a $229,900 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 over five years. Five-year ROI reaches 117.05% and total cumulative return in cash sums $89,207. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,474/mo property income instead of your personal income.
Single Family
Built in 2007
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35473, Northport, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,684 (100%) |
| Owner Occupied HU | 5,717 (65.8%) |
| Renter Occupied HU | 2,419 (27.9%) |
| Vacant Housing Units | 548 ( 6.3%) |
| Median Home Value | $277,844 |
| Average Home Value | $372,403 |
Housing Distribution
Address Breakdown
Residential
7,688
Single Family
6,852
Multi-Family
836
Businesses
315
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