8020 Shannon Dr NIrvingtonAL36544
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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 8020 Shannon Dr N, Irvington, AL, 36544 generates $1,998/mo in rent and, after a $1,673/mo payment, leaves $69/mo in cash flow. Total monthly income is $1,998/mo, and annual cash flow is $823/yr on $113,340 invested. Return on cash invested sits at 20.63% in year one, and rental yield is 7.01% on a $341,900 entry. Equity gained on principal adds $2,206/yr, while 5% annual appreciation builds toward $94,461 over five years. Five-year ROI reaches 106.03% and total cumulative return in cash sums $120,171. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,998/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.54 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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