9 Pilgrim StFort MitchellAL36856
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fort Mitchell at 9 Pilgrim St, Fort Mitchell, AL, 36856 at $116,875 posts ROI 26.67% with $218/mo cash flow from $878/mo rent. Total monthly income equals $878/mo, and annual cash flow records $2,620/yr on $38,744 to close. Return on cash invested measures 26.67% and rental yield reads 9.01% at the current $116,875. Equity gained on principal adds $754/yr, and 5% annual appreciation supports $32,290 by year five. Five-year ROI prints 138.5% and total cumulative return in cash totals $53,662.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $878/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36856, Fort Mitchell, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,948 (100%) |
| Owner Occupied HU | 2,088 (70.8%) |
| Renter Occupied HU | 600 (20.4%) |
| Vacant Housing Units | 260 ( 8.8%) |
| Median Home Value | $252,279 |
| Average Home Value | $237,555 |
Housing Distribution
Address Breakdown
Residential
2,911
Single Family
2,911
Multi-Family
0
Businesses
87
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ASHLEY HEDDEN • KELLER WILLIAMS REALTY AUBURN OPELIKA
Mls Name: LCMLS
Mls ID: #176808