439 Mitchell DrRainsvilleAL35986
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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 Rainsville at 439 Mitchell Dr, Rainsville, AL, 35986 offers a 9% rental yield on a $147,000 purchase with $1,103/mo rent. Total monthly income registers $1,103/mo, and a $719/mo payment leaves $274/mo available for distribution. Annual cash flow reaches $3,285/yr on $48,731 to close, and return on cash invested stands at 26.65% in year one. Equity gained on principal adds $949/yr while 5% annual appreciation supports $40,613 over five years. Portfolio math shows five-year ROI at 138.32% and total cumulative return in cash at $67,404. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,103/mo property income against a $719/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35986, Rainsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,641 (100%) |
| Owner Occupied HU | 2,573 (70.7%) |
| Renter Occupied HU | 806 (22.1%) |
| Vacant Housing Units | 262 ( 7.2%) |
| Median Home Value | $238,413 |
| Average Home Value | $272,546 |
Housing Distribution
Address Breakdown
Residential
3,473
Single Family
3,393
Multi-Family
80
Businesses
326
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Listed by: Aaron Pendergrass • Mountain To Sea Realty
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21883154
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