2055 Baxter AveSpringvilleAL35146
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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 Springville at 2055 Baxter Ave, Springville, AL, 35146 earns $634/mo cash flow from $3,005/mo rent with a $2,056/mo payment. Total monthly income totals $3,005/mo, and annual cash flow totals $7,608/yr on $139,230 capital. ROI tracks 25.37% on current figures, and rental yield reads 8.59% at a $420,000 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 over five years. Five-year ROI reaches 131.42% and total cumulative return in cash sums $182,971. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,005/mo property income instead of your personal income.
Single Family
Built in 2024
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35146, Springville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,081 (100%) |
| Owner Occupied HU | 4,314 (84.9%) |
| Renter Occupied HU | 541 (10.6%) |
| Vacant Housing Units | 226 ( 4.4%) |
| Median Home Value | $295,501 |
| Average Home Value | $327,701 |
Housing Distribution
Address Breakdown
Residential
5,035
Single Family
5,035
Multi-Family
0
Businesses
324
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Listed by: Missy Heard • RealtySouth-OTM-Acton Rd
Mls Name: GALMLS
Mls ID: #21423771