Westover Plan, The Estates at WesgateFort MitchellAL36856
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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 Fort Mitchell at Westover Plan, The Estates at Wesgate, Fort Mitchell, AL, 36856 uses $130,909 cash to close to unlock $5,866/yr annual cash flow and $489/mo monthly cash flow. Total monthly income runs $2,718/mo, and a $1,933/mo payment keeps the spread at $489/mo. Purchase price stands at $394,900, and rental yield measures 8.26% with $2,718/mo rent. Return on cash invested shows 24.39% in year one, and 5% annual appreciation builds toward $109,104 over five years. Five-year ROI reaches 126.15% and total cumulative return in cash records $165,143. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,718/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A 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
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Listed by: N/A • Hughston Homes
Mls Name: Hughston Homes
Mls ID: #N/A