23 Lonesome Pine TrlRiversideAL35135
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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 Riverside at 23 Lonesome Pine Trl, Riverside, AL, 35135 priced at $170,000 pairs $1,500/mo rent with $541/mo cash flow after a $832/mo payment. Total monthly income equals $1,500/mo, and annual cash flow comes to $6,486/yr on $56,355 invested. Return on cash invested is 31.42% in year one, and rental yield stands at 10.59% on a $170,000 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,968 by year five. Five-year ROI measures 163.87% and total cumulative return in cash reaches $92,349. For financing, Ziffy Mortgage’s DSCR program evaluates $1,500/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1976
0.97 Acres lot
$N/A/sqft
No 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: Kimberly Cheatwood • ERA King Real Estate Pell City
Mls Name: GALMLS
Mls Provider:
Mls ID: #21415072
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.