275 Parks DrRussellvilleAL35653
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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 275 Parks Dr, Russellville, AL, 35653 priced at $239,000 converts $1,913/mo rent into $524/mo cash flow after a $1,170/mo obligation. Total monthly income equals $1,913/mo, and annual cash flow totals $6,285/yr on $79,229 invested. Return on cash invested prints 27.84% in year one, and rental yield reads 9.61% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 144.89% and total cumulative return in cash sums $114,792. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,913/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Single Family
Built in 1962
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35653, Russellville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,821 (100%) |
| Owner Occupied HU | 2,785 (57.8%) |
| Renter Occupied HU | 1,435 (29.8%) |
| Vacant Housing Units | 601 (12.5%) |
| Median Home Value | $168,133 |
| Average Home Value | $207,672 |
Housing Distribution
Address Breakdown
Residential
4,371
Single Family
4,186
Multi-Family
185
Businesses
521
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Listed by: Kaylee D Burns • American Realty Company LLC
Mls Name: Strategic MLS Alliance
Mls ID: #524539
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.