269 Spurgeon RdRussellvilleAL35654
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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 Russellville at 269 Spurgeon Rd, Russellville, AL, 35654 priced at $599,900 converts $3,130/mo rent into after a $2,936/mo obligation. Total monthly income equals $3,130/mo. Return on cash invested prints 18.5% in year one, and rental yield reads 6.26% against a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation compiles into $165,741 by year five. Five-year ROI reaches 94.58% and total cumulative return in cash sums $186,664. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,130/mo property income covering a $2,936/mo payment, not borrower’s personal income.
Single Family
Built in 2007
35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35654, Russellville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,759 (100%) |
| Owner Occupied HU | 2,342 (62.3%) |
| Renter Occupied HU | 1,011 (26.9%) |
| Vacant Housing Units | 406 (10.8%) |
| Median Home Value | $196,944 |
| Average Home Value | $225,808 |
Housing Distribution
Address Breakdown
Residential
3,632
Single Family
3,334
Multi-Family
298
Businesses
128
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Listed by: Kirk Sparks • EXIT Realty Shoals
Mls Name: Strategic MLS Alliance
Mls ID: #526384