1871 McKesie StRiversideAL35135
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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 Riverside at 1871 McKesie St, Riverside, AL, 35135 offers a 8.84% rental yield on a $399,999 purchase with $2,947/mo rent. Total monthly income registers $2,947/mo, and a $1,958/mo payment leaves $677/mo available for distribution. Annual cash flow reaches $8,118/yr on $132,600 to close, and return on cash invested stands at 26.03% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,512 over five years. Portfolio math shows five-year ROI at 135.01% and total cumulative return in cash at $179,019. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,947/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
1.08 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35135, Riverside, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 989 (100%) |
| Owner Occupied HU | 622 (62.9%) |
| Renter Occupied HU | 255 (25.8%) |
| Vacant Housing Units | 112 (11.3%) |
| Median Home Value | $281,553 |
| Average Home Value | $320,691 |
Housing Distribution
Address Breakdown
Residential
889
Single Family
889
Multi-Family
0
Businesses
37
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Listed by: Missy Heard • RealtySouth-OTM-Acton Rd
Mls Name: GALMLS
Mls Provider:
Mls ID: #21419480
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