219 Mulberry AveRussellvilleAL35653
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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
Investment property for sale in Russellville at 219 Mulberry Ave, Russellville, AL, 35653 offers a 9.32% rental yield on a $159,900 purchase with $1,242/mo rent. Total monthly income registers $1,242/mo, and a $783/mo payment leaves $339/mo available for distribution. Annual cash flow reaches $4,069/yr on $53,007 to close, and return on cash invested stands at 27.59% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 143.36% and total cumulative return in cash at $75,990. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,242/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
1.04 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: Willodean Davis • Davis Realty & Associates
Mls Name: Strategic MLS Alliance
Mls ID: #525549