3651 Black RdRainbow CityAL35906
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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 Rainbow City at 3651 Black Rd, Rainbow City, AL, 35906 earns $330/mo cash flow from $1,849/mo rent with a $1,317/mo payment. Total monthly income totals $1,849/mo, and annual cash flow totals $3,963/yr on $89,174 capital. ROI tracks 24.35% on current figures, and rental yield reads 8.25% at a $269,000 purchase. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 over five years. Five-year ROI reaches 126.01% and total cumulative return in cash sums $112,367. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,849/mo property income instead of your personal income.
Single Family
Built in 1968
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35906, Rainbow City, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,832 (100%) |
| Owner Occupied HU | 2,856 (59.1%) |
| Renter Occupied HU | 1,556 (32.2%) |
| Vacant Housing Units | 420 ( 8.7%) |
| Median Home Value | $280,000 |
| Average Home Value | $325,519 |
Housing Distribution
Address Breakdown
Residential
4,829
Single Family
4,098
Multi-Family
731
Businesses
487
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Listed by: Kelley McGinnis • River Towne Real Estate Group
Mls Name: ValleyMLS
Mls ID: #21895960