100 Riverview Way #10KillenAL35645
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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 Killen at 100 Riverview Way #10, Killen, AL, 35645 listed at $159,000 pairs $1,523/mo rent with a $778/mo payment to leave $426/mo cash flow. Total monthly income runs $1,523/mo, and annual cash flow reaches $5,109/yr on $52,709 cash to close. Return on cash invested measures 29.6% in year one, and rental yield registers 11.49% at a $159,000 basis. Equity gained on principal adds $1,026/yr, and annual property appreciation at 5% supports $43,929 by year five. Five-year ROI tracks 155.77% and total cumulative return in cash totals $82,104. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,523/mo property income relative to a $778/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1998
3,920 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35645, Killen, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,102 (100%) |
| Owner Occupied HU | 4,615 (75.6%) |
| Renter Occupied HU | 943 (15.5%) |
| Vacant Housing Units | 544 ( 8.9%) |
| Median Home Value | $274,541 |
| Average Home Value | $326,071 |
Housing Distribution
Address Breakdown
Residential
6,017
Single Family
6,017
Multi-Family
0
Businesses
289
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Listed by: Abbey Rea • Riverside Realty, Inc
Mls Name: Strategic MLS Alliance
Mls ID: #518753
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.