28 Grissom LnRussellvilleAL35653
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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
Investment property for sale in Russellville at 28 Grissom Ln, Russellville, AL, 35653 with 5% annual appreciation on a $399,900 basis while $2,174/mo rent supports operations. 16% in year one. Equity gained on principal adds $2,580/yr, and five-year appreciation sums $110,485 alongside rental yield of 6.52%. Five-year ROI measures 98.13% and total cumulative return in cash totals $130,088. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,174/mo property income versus a $1,957/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
0.71 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: Jamie Lane • Exit 8:28 Realty
Mls Name: Strategic MLS Alliance
Mls ID: #520513
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.