229 Springdale LnColumbianaAL35051
Nearby investment properties with comparable rents
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 Columbiana at 229 Springdale Ln, Columbiana, AL, 35051 at $285,000 posts ROI 24.29% with $345/mo cash flow from $1,954/mo rent. Total monthly income equals $1,954/mo, and annual cash flow records $4,143/yr on $94,478 to close. Return on cash invested measures 24.29% and rental yield reads 8.23% at the current $285,000. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 125.66% and total cumulative return in cash totals $118,722.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,954/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35051, Columbiana, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,607 (100%) |
| Owner Occupied HU | 2,476 (68.6%) |
| Renter Occupied HU | 830 (23.0%) |
| Vacant Housing Units | 301 ( 8.3%) |
| Median Home Value | $329,118 |
| Average Home Value | $357,637 |
Housing Distribution
Address Breakdown
Residential
3,426
Single Family
3,254
Multi-Family
172
Businesses
333
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Nearby investment properties with comparable prices
Listed by: Josh Dunnaway • Down South Realty Inc
Mls Name: GALMLS
Mls ID: #21441157