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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Killen at 42 Bluebird Ln, Killen, AL, 35645 offers $2,080/mo rent that, after a $1,370/mo payment, leaves $500/mo cash flow. Total monthly income is $2,080/mo, and annual cash flow is $6,000/yr on $92,820 cash. Return on cash invested measures 26.37% in year one, and rental yield stands at 8.91% at a $280,000 entry. Equity gained on principal adds $1,807/yr while 5% annual appreciation compounds into $77,359 by year five. Five-year ROI records 136.78% and total cumulative return in cash reaches $126,957. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,080/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 35645, Killen, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,102 (100%) |
| Owner Occupied HU | 4,615 (75.6%) |
| Renter Occupied HU | 943 (15.5%) |
| Vacant Housing Units | 544 ( 8.9%) |
| Median Home Value | $274,541 |
| Average Home Value | $326,071 |
Residential
6,017
Single Family
6,017
Multi-Family
0
Businesses
289
Date | Event | Price |
|---|---|---|
| 2025-08-07 | Sold | $280,000 |
| 2025-06-13 | Pending sale | $269,900 |
| 2025-06-05 | Listed for sale | $269,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $596.07 | N/A | $22,020 | 7.21% |
| 2023-10-13 | N/A | N/A | $20,540 | 20.12% |
| 2022-10-13 | N/A | N/A | $17,100 | 15.54% |
What's Special
Pull Down Stairs
Listed by: Jeremy R Grigsby • Grigsby Properties
Mls Name: Strategic MLS Alliance
Mls ID: #522888
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.
