250 Fulton Springs PlFultondaleAL35068
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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 Fultondale at 250 Fulton Springs Pl, Fultondale, AL, 35068 offers $2,324/mo rent that, after a $1,517/mo payment, leaves $575/mo cash flow. Total monthly income is $2,324/mo, and annual cash flow is $6,895/yr on $102,732 cash. Return on cash invested measures 26.62% in year one, and rental yield stands at 9% at a $309,900 entry. Equity gained on principal adds $2,000/yr while 5% annual appreciation compounds into $85,620 by year five. Five-year ROI records 138.14% and total cumulative return in cash reaches $141,912. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,324/mo property income versus a $1,517/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35068, Fultondale, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,050 (100%) |
| Owner Occupied HU | 2,448 (60.4%) |
| Renter Occupied HU | 1,370 (33.8%) |
| Vacant Housing Units | 232 ( 5.7%) |
| Median Home Value | $219,331 |
| Average Home Value | $237,145 |
Housing Distribution
Address Breakdown
Residential
3,875
Single Family
3,234
Multi-Family
641
Businesses
289
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Listed by: Jean Deason • Keller Williams Metro North
Mls Name: GALMLS
Mls Provider:
Mls ID: #21417565
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.