86 Boykin Lakes LoopPike RoadAL36064
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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 Pike Road at 86 Boykin Lakes Loop, Pike Road, AL, 36064 uses $139,396 cash to close to unlock $9,865/yr annual cash flow and $822/mo monthly cash flow. Total monthly income runs $3,346/mo, and a $2,058/mo payment keeps the spread at $822/mo. Purchase price stands at $420,500, and rental yield measures 9.55% with $3,346/mo rent. Return on cash invested shows 26.99% in year one, and 5% annual appreciation builds toward $116,176 over five years. Five-year ROI reaches 140.58% and total cumulative return in cash records $195,956. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,346/mo property income covering a $2,058/mo payment rather than investor’s personal income.
Single Family
Built in 2017
0.36 Acres lot
$N/A/sqft
$37 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36064, Pike Road, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,084 (100%) |
| Owner Occupied HU | 4,031 (79.3%) |
| Renter Occupied HU | 777 (15.3%) |
| Vacant Housing Units | 276 ( 5.4%) |
| Median Home Value | $377,438 |
| Average Home Value | $407,222 |
Housing Distribution
Address Breakdown
Residential
5,585
Single Family
4,368
Multi-Family
1,217
Businesses
295
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