806 14th AvePleasant GroveAL35127
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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 Pleasant Grove at 806 14th Ave, Pleasant Grove, AL, 35127 uses $92,157 cash to close to unlock $7,281/yr annual cash flow and $607/mo monthly cash flow. Total monthly income runs $2,233/mo, and a $1,361/mo payment keeps the spread at $607/mo. Purchase price stands at $278,000, and rental yield measures 9.64% with $2,233/mo rent. Return on cash invested shows 27.81% in year one, and 5% annual appreciation builds toward $76,806 over five years. Five-year ROI reaches 144.76% and total cumulative return in cash records $133,409. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,233/mo property income covering a $1,361/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35127, Pleasant Grove, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,731 (100%) |
| Owner Occupied HU | 2,968 (79.5%) |
| Renter Occupied HU | 599 (16.1%) |
| Vacant Housing Units | 164 ( 4.4%) |
| Median Home Value | $243,053 |
| Average Home Value | $325,932 |
Housing Distribution
Address Breakdown
Residential
3,820
Single Family
3,820
Multi-Family
0
Businesses
151
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Listed by: Nakia Walker • Opendoor Brokerage LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21419443
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.