2360 Mineral Springs RdPell CityAL35125
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
Rental property for sale in Pell City at 2360 Mineral Springs Rd, Pell City, AL, 35125 offers $1,349/mo rent that, after a $1,272/mo payment. Total monthly income is $1,349/mo. Return on cash invested measures 18.27% in year one, and rental yield stands at 6.23% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Five-year ROI records 93.37% and total cumulative return in cash reaches $80,446. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,349/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35125, Pell City, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,729 (100%) |
| Owner Occupied HU | 3,075 (65.0%) |
| Renter Occupied HU | 1,288 (27.2%) |
| Vacant Housing Units | 366 ( 7.7%) |
| Median Home Value | $245,822 |
| Average Home Value | $272,481 |
Housing Distribution
Address Breakdown
Residential
4,571
Single Family
4,495
Multi-Family
76
Businesses
683
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tish Weaster • Expert Realty, Inc
Mls Name: GALMLS
Mls Provider:
Mls ID: #21408803
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.