400 Kensington LnRainbow CityAL35906
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 400 Kensington Ln, Rainbow City, AL, 35906 in Rainbow City speaks for itself: 10.79% gross on a $224,900 price, generating $2,022/mo in rent and $743/mo in net income after the $1,011/mo debt service. DSCR 2.00, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,911 stacks alongside $62,136 in projected five-year appreciation and $2,071/yr in principal reduction. Projected total cumulative return: $132,627.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.2% |
| Monthly Cash Flow | $743 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,022 |
| Total Monthly Debt Service | $1,190 |
| DSCR Ratio | 1.70x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2022
8,145 sqft lot
$N/A/sqft
$120 annually 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
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
Single Family
Built in 2022
8,145 sqft lot
$N/A/sqft
$120 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon Gilbert • Keller Williams Realty Group
Mls Name: GALMLS
Mls Provider:
Mls ID: #21417871
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.