392 Springs Crossing DrColumbianaAL35051
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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 Columbiana at 392 Springs Crossing Dr, Columbiana, AL, 35051 offers $2,190/mo rent that, after a $1,223/mo payment, leaves $780/mo cash flow. Total monthly income is $2,190/mo, and annual cash flow is $9,355/yr on $82,842 cash. Return on cash invested measures 31.2% in year one, and rental yield stands at 10.52% at a $249,900 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,043 by year five. Five-year ROI records 162.7% and total cumulative return in cash reaches $134,786. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,190/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35051, Columbiana, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,607 (100%) |
| Owner Occupied HU | 2,476 (68.6%) |
| Renter Occupied HU | 830 (23.0%) |
| Vacant Housing Units | 301 ( 8.3%) |
| Median Home Value | $329,118 |
| Average Home Value | $357,637 |
Housing Distribution
Address Breakdown
Residential
3,426
Single Family
3,254
Multi-Family
172
Businesses
333
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Listed by: Josh Dunnaway • Down South Realty Inc
Mls Name: GALMLS
Mls ID: #21423202