8838 Lakeridge Ter #89PinsonAL35126
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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 Pinson at 8838 Lakeridge Ter #89, Pinson, AL, 35126 uses $60,068 cash to close to unlock $12,781/yr annual cash flow and $1,065/mo monthly cash flow. Total monthly income runs $2,088/mo, and a $887/mo payment keeps the spread at $1,065/mo. Purchase price stands at $181,200, and rental yield measures 13.83% with $2,088/mo rent. Return on cash invested shows 41.19% in year one, and 5% annual appreciation builds toward $50,062 over five years. Five-year ROI reaches 216.31% and total cumulative return in cash records $129,933. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,088/mo property income covering a $887/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35126, Pinson, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,712 (100%) |
| Owner Occupied HU | 6,795 (78.0%) |
| Renter Occupied HU | 1,271 (14.6%) |
| Vacant Housing Units | 646 ( 7.4%) |
| Median Home Value | $230,416 |
| Average Home Value | $250,839 |
Housing Distribution
Address Breakdown
Residential
8,489
Single Family
8,489
Multi-Family
0
Businesses
393
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