LOT 3 Preserve CirRockfordAL35136
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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 Rockford at LOT 3 Preserve Cir, Rockford, AL, 35136 uses $33,150 cash to close to unlock $7,208/yr annual cash flow and $601/mo monthly cash flow. Total monthly income runs $1,248/mo, and a $489/mo payment keeps the spread at $601/mo. Purchase price stands at $100,000, and rental yield measures 14.98% with $1,248/mo rent. Return on cash invested shows 41.65% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 219.89% and total cumulative return in cash records $72,892. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,248/mo property income covering a $489/mo payment rather than investor’s personal income.
Lot
Built in N/A
0.63 Acres lot
$N/A/sqft
$1,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35136, Rockford, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,031 (100%) |
| Owner Occupied HU | 560 (54.3%) |
| Renter Occupied HU | 111 (10.8%) |
| Vacant Housing Units | 360 (34.9%) |
| Median Home Value | $227,059 |
| Average Home Value | $230,759 |
Housing Distribution
Address Breakdown
Residential
745
Single Family
745
Multi-Family
0
Businesses
86
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Listed by: Dianna Cassens • Avast Realty- Birmingham
Mls Name: GALMLS
Mls Provider:
Mls ID: #1343162
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.