337 Grove StSpringvilleAL35146
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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 Springville at 337 Grove St, Springville, AL, 35146 offers $2,305/mo rent that, after a $1,356/mo payment, leaves $741/mo cash flow. Total monthly income is $2,305/mo, and annual cash flow is $8,895/yr on $91,826 cash. Return on cash invested measures 29.6% in year one, and rental yield stands at 9.99% at a $277,000 entry. Equity gained on principal adds $1,787/yr while 5% annual appreciation compounds into $76,530 by year five. Five-year ROI records 154.12% and total cumulative return in cash reaches $141,519. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,305/mo property income versus a $1,356/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35146, Springville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,081 (100%) |
| Owner Occupied HU | 4,314 (84.9%) |
| Renter Occupied HU | 541 (10.6%) |
| Vacant Housing Units | 226 ( 4.4%) |
| Median Home Value | $295,501 |
| Average Home Value | $327,701 |
Housing Distribution
Address Breakdown
Residential
5,035
Single Family
5,035
Multi-Family
0
Businesses
324
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Listed by: Billy Brodie • Keller Williams Trussville
Mls Name: GALMLS
Mls Provider:
Mls ID: #21405758
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.