89 Pine Tree DrLocust ForkAL35097
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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 Locust Fork at 89 Pine Tree Dr, Locust Fork, AL, 35097 generates $1,324/mo in rent and, after a $876/mo payment, leaves $314/mo in cash flow. Total monthly income is $1,324/mo, and annual cash flow is $3,765/yr on $59,339 invested. Return on cash invested sits at 26.25% in year one, and rental yield is 8.88% on a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 136.15% and total cumulative return in cash sums $80,787. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,324/mo property income rather than buyer’s personal income.
Manufactured
Built in 1994
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35097, Locust Fork, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 685 (100%) |
| Owner Occupied HU | 550 (80.3%) |
| Renter Occupied HU | 91 (13.3%) |
| Vacant Housing Units | 44 ( 6.4%) |
| Median Home Value | $179,245 |
| Average Home Value | $196,936 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
676
Multi-Family
0
Businesses
57
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Listed by: Monica Moorer • HomeRiver Group, LLC
Mls Name: GALMLS
Mls ID: #21433067