989 W Point RdJacksonvilleAL36265
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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 Jacksonville at 989 W Point Rd, Jacksonville, AL, 36265 offers a 6.99% rental yield on a $340,000 purchase with $1,980/mo rent. Total monthly income registers $1,980/mo, and a $1,664/mo payment leaves $61/mo available for distribution. Annual cash flow reaches $732/yr on $112,710 to close, and return on cash invested stands at 20.56% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 105.59% and total cumulative return in cash at $119,010. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,980/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
5.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36265, Jacksonville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,698 (100%) |
| Owner Occupied HU | 5,241 (54.0%) |
| Renter Occupied HU | 3,112 (32.1%) |
| Vacant Housing Units | 1,345 (13.9%) |
| Median Home Value | $200,030 |
| Average Home Value | $228,449 |
Housing Distribution
Address Breakdown
Residential
8,651
Single Family
8,397
Multi-Family
254
Businesses
482
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Listed by: Bryan Booth • eXp Realty, LLC Central
Mls Name: GALMLS
Mls ID: #21418384