1151 Shoreside RdDouble SpringsAL35553
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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 Double Springs at 1151 Shoreside Rd, Double Springs, AL, 35553 with 5% annual appreciation on a $699,000 basis while $3,941/mo rent supports operations. 04% in year one. Equity gained on principal adds $4,511/yr, and five-year appreciation sums $193,121 alongside rental yield of 6.77%. Five-year ROI measures 102.78% and total cumulative return in cash totals $236,354. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,941/mo property income versus a $3,421/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35553, Double Springs, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,404 (100%) |
| Owner Occupied HU | 1,438 (59.8%) |
| Renter Occupied HU | 370 (15.4%) |
| Vacant Housing Units | 596 (24.8%) |
| Median Home Value | $92,361 |
| Average Home Value | $160,070 |
Housing Distribution
Address Breakdown
Residential
1,937
Single Family
1,937
Multi-Family
0
Businesses
162
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Nearby investment properties with comparable prices
Listed by: Lisa Olive Eagle • Residential Resource Real Estate
Mls Name: Walker County Area MLS
Mls ID: #25-542