121 Ethan AveRussellvilleAL35653
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
Rental property for sale in Russellville at 121 Ethan Ave, Russellville, AL, 35653 priced at $229,000 pairs $1,501/mo rent with $208/mo cash flow after a $1,121/mo payment. Total monthly income equals $1,501/mo, and annual cash flow comes to $2,499/yr on $75,914 invested. Return on cash invested is 23.2% in year one, and rental yield stands at 7.87% on a $229,000 basis. Equity gained on principal adds $1,478/yr, and 5% annual appreciation accumulates to $63,268 by year five. Five-year ROI measures 119.83% and total cumulative return in cash reaches $90,965. For financing, Ziffy Mortgage’s DSCR program evaluates $1,501/mo property income against a $1,121/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35653, Russellville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,821 (100%) |
| Owner Occupied HU | 2,785 (57.8%) |
| Renter Occupied HU | 1,435 (29.8%) |
| Vacant Housing Units | 601 (12.5%) |
| Median Home Value | $168,133 |
| Average Home Value | $207,672 |
Housing Distribution
Address Breakdown
Residential
4,371
Single Family
4,186
Multi-Family
185
Businesses
521
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Listed by: Hanny Witt • Main Street Real Estate
Mls Name: Strategic MLS Alliance
Mls ID: #526727