1937 Riva Ridge RdHelenaAL35080
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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 Helena at 1937 Riva Ridge Rd, Helena, AL, 35080 generates $2,509/mo in rent and, after a $1,370/mo payment, leaves $852/mo in cash flow. Total monthly income is $2,509/mo, and annual cash flow is $10,225/yr on $92,787 invested. Return on cash invested sits at 30.93% in year one, and rental yield is 10.76% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 161.64% and total cumulative return in cash sums $149,977. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,509/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35080, Helena, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,287 (100%) |
| Owner Occupied HU | 6,454 (88.6%) |
| Renter Occupied HU | 712 ( 9.8%) |
| Vacant Housing Units | 121 ( 1.7%) |
| Median Home Value | $300,000 |
| Average Home Value | $341,545 |
Housing Distribution
Address Breakdown
Residential
7,372
Single Family
7,272
Multi-Family
100
Businesses
436
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Listed by: J.B. Kovakas • J B Kovakas Properties
Mls Name: GALMLS
Mls Provider:
Mls ID: #21419813
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.