110 Heritage PlSpringvilleAL35146
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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 Springville at 110 Heritage Pl, Springville, AL, 35146 earns from $1,604/mo rent with a $1,953/mo payment. Total monthly income totals $1,604/mo. ROI tracks 14.03% on current figures, and rental yield reads 4.82% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 70.59% and total cumulative return in cash sums $93,362. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,604/mo property income instead of your personal income.
Single Family
Built in 1996
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35146, Springville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,081 (100%) |
| Owner Occupied HU | 4,314 (84.9%) |
| Renter Occupied HU | 541 (10.6%) |
| Vacant Housing Units | 226 ( 4.4%) |
| Median Home Value | $295,501 |
| Average Home Value | $327,701 |
Housing Distribution
Address Breakdown
Residential
5,035
Single Family
5,035
Multi-Family
0
Businesses
324
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Listed by: Chuck Holderfield • Bradford Real Estate Group
Mls Name: GALMLS
Mls Provider:
Mls ID: #21431728
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.