Nicklaus Plan, Penn Meadows - Phase IPike RoadAL36064
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
Total monthly income registers $3,478/mo, and a $2,398/mo payment leaves $713/mo available for distribution. Annual cash flow reaches $8,550/yr on $162,435 to close, and return on cash invested stands at 25.17% in year one. Equity gained on principal adds $3,162/yr while 5% annual appreciation supports $135,378 over five years. Portfolio math shows five-year ROI at 130.36% and total cumulative return in cash at $211,752. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,478/mo property income against a $2,398/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36064, Pike Road, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,084 (100%) |
| Owner Occupied HU | 4,031 (79.3%) |
| Renter Occupied HU | 777 (15.3%) |
| Vacant Housing Units | 276 ( 5.4%) |
| Median Home Value | $377,438 |
| Average Home Value | $407,222 |
Housing Distribution
Address Breakdown
Residential
5,585
Single Family
4,368
Multi-Family
1,217
Businesses
295
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
