230 Riverside DrClantonAL35046
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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 Clanton at 230 Riverside Dr, Clanton, AL, 35046 priced at $445,000 pairs $2,066/mo rent with after a $2,178/mo payment. Total monthly income equals $2,066/mo. Return on cash invested is 16.28% in year one, and rental yield stands at 5.57% on a $445,000 basis. Equity gained on principal adds $2,872/yr, and 5% annual appreciation accumulates to $122,945 by year five. Five-year ROI measures 82.7% and total cumulative return in cash reaches $122,000. For financing, Ziffy Mortgage’s DSCR program evaluates $2,066/mo property income against a $2,178/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35046, Clanton, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,678 (100%) |
| Owner Occupied HU | 1,780 (66.5%) |
| Renter Occupied HU | 403 (15.0%) |
| Vacant Housing Units | 495 (18.5%) |
| Median Home Value | $184,633 |
| Average Home Value | $211,666 |
Housing Distribution
Address Breakdown
Residential
2,501
Single Family
2,501
Multi-Family
0
Businesses
307
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Listed by: Steve Welch • Alabama Realty Team
Mls Name: GALMLS
Mls Provider:
Mls ID: #21415866
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.