360 S River DrShelbyAL35143
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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 Shelby at 360 S River Dr, Shelby, AL, 35143 with 5% annual appreciation on a $465,000 basis while $2,590/mo rent supports operations. 64% in year one. Equity gained on principal adds $3,001/yr, and five-year appreciation sums $128,471 alongside rental yield of 6.68%. Five-year ROI measures 100.7% and total cumulative return in cash totals $155,219. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,590/mo property income versus a $2,276/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1990
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35143, Shelby, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,983 (100%) |
| Owner Occupied HU | 1,233 (62.2%) |
| Renter Occupied HU | 230 (11.6%) |
| Vacant Housing Units | 520 (26.2%) |
| Median Home Value | $357,595 |
| Average Home Value | $371,283 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,686
Multi-Family
0
Businesses
45
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Listed by: Shirley Hall • eXp Realty, LLC Central
Mls Name: GALMLS
Mls Provider:
Mls ID: #21411850
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.