447 Riverton DrRainbow CityAL35906
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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
Investment property for sale in Rainbow City at 447 Riverton Dr, Rainbow City, AL, 35906 earns from $3,419/mo rent with a $4,332/mo payment. Total monthly income totals $3,419/mo. ROI tracks 13.56% on current figures, and rental yield reads 4.64% at a $885,000 purchase. Equity gained on principal adds $5,711/yr, and 5% annual appreciation supports $244,509 over five years. Five-year ROI reaches 68.06% and total cumulative return in cash sums $198,174. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,419/mo property income instead of your personal income.
Single Family
Built in 1972
8.30 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
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