3224 Trace CirTrussvilleAL35173
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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 Trussville at 3224 Trace Cir, Trussville, AL, 35173 listed at $397,000 pairs $2,304/mo rent with a $1,943/mo payment to leave $28/mo cash flow. Total monthly income runs $2,304/mo, and annual cash flow reaches $340/yr on $131,606 cash to close. Return on cash invested measures 20.17% in year one, and rental yield registers 6.96% at a $397,000 basis. Equity gained on principal adds $2,562/yr, and annual property appreciation at 5% supports $109,684 by year five. Five-year ROI tracks 103.64% and total cumulative return in cash totals $136,402. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,304/mo property income relative to a $1,943/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.81 Acres lot
$N/A/sqft
$145 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35173, Trussville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,820 (100%) |
| Owner Occupied HU | 10,116 (85.6%) |
| Renter Occupied HU | 1,187 (10.0%) |
| Vacant Housing Units | 517 ( 4.4%) |
| Median Home Value | $358,083 |
| Average Home Value | $390,275 |
Housing Distribution
Address Breakdown
Residential
12,172
Single Family
12,085
Multi-Family
87
Businesses
1,003
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Listed by: Josh Vernon • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21420925
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.