8372 Ginkle Rd SIrvingtonAL36544
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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 8372 Ginkle Rd S, Irvington, AL, 36544 generates $1,596/mo in rent and, after a $978/mo payment, leaves $468/mo in cash flow. Total monthly income is $1,596/mo, and annual cash flow is $5,617/yr on $66,267 invested. Return on cash invested sits at 28.39% in year one, and rental yield is 9.58% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 147.66% and total cumulative return in cash sums $97,849. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,596/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
0.80 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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Listed by: Dan Demers • Sell Your Home Services
Mls Name: GCMLS
Mls Provider:
Mls ID: #7514433
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.