124 Bull Branch DrDouble 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
Rental property for sale in Double Springs at 124 Bull Branch Dr, Double Springs, AL, 35553 priced at $620,000 pairs $0/mo rent with after a $3,035/mo payment. Total monthly income equals $0/mo. Return on cash invested is -0.68% in year one, and rental yield stands at 0% on a $620,000 basis. Equity gained on principal adds $4,001/yr, and 5% annual appreciation accumulates to $171,295 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $3,035/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
0.90 Acres lot
$N/A/sqft
$300 annually 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: JAMIE HODGES • Joseph Carter Realty-Cullman
Mls Name: Strategic MLS Alliance
Mls ID: #518801
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.