109 Westminster DrRainbow CityAL35906
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
Investment property for sale in Rainbow City at 109 Westminster Dr, Rainbow City, AL, 35906 earns $1,434/mo cash flow from $3,889/mo rent with a $2,129/mo payment. Total monthly income totals $3,889/mo, and annual cash flow totals $17,205/yr on $144,203 capital. ROI tracks 31.84% on current figures, and rental yield reads 10.73% at a $435,000 purchase. Equity gained on principal adds $2,807/yr, and 5% annual appreciation supports $120,182 over five years. Five-year ROI reaches 166.11% and total cumulative return in cash sums $239,532. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,889/mo property income instead of your personal income.
Single Family
Built in 1996
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35906, Rainbow City, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,832 (100%) |
| Owner Occupied HU | 2,856 (59.1%) |
| Renter Occupied HU | 1,556 (32.2%) |
| Vacant Housing Units | 420 ( 8.7%) |
| Median Home Value | $280,000 |
| Average Home Value | $325,519 |
Housing Distribution
Address Breakdown
Residential
4,829
Single Family
4,098
Multi-Family
731
Businesses
487
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kayla Campbell • ERA King Real Estate
Mls Name: ValleyMLS
Mls ID: #21903176