367 Village Springs RdSpringvilleAL35146
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 367 Village Springs Rd, Springville, AL, 35146 priced at $299,900 converts $1,944/mo rent into $251/mo cash flow after a $1,468/mo obligation. Total monthly income equals $1,944/mo, and annual cash flow totals $3,013/yr on $99,417 invested. Return on cash invested prints 22.94% in year one, and rental yield reads 7.78% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 118.41% and total cumulative return in cash sums $117,724. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,944/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.37 Acres 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: Jonathan Hyatt • Keller Williams
Mls Name: GALMLS
Mls ID: #21438812