412 Waldrop RdRainbow CityAL35906
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
Investment property for sale in Rainbow City at 412 Waldrop Rd, Rainbow City, AL, 35906 at $144,000 posts ROI 47.86% with $1,112/mo cash flow from $1,925/mo rent. Total monthly income equals $1,925/mo, and annual cash flow records $13,344/yr on $47,736 to close. Return on cash invested measures 47.86% and rental yield reads 16.04% at the current $144,000. Equity gained on principal adds $929/yr, and 5% annual appreciation supports $39,785 by year five. Five-year ROI prints 252% and total cumulative return in cash totals $120,294.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,925/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
0.26 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andy Hughes • Realty Plus, Inc.
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21864714
Disclaimer: Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2025 Valley MLS