470 Ruby Richardson Dr, Killen, AL, 35645 | 3.75% Rental Yield

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470 Ruby Richardson Dr, Killen, AL, 35645 | 3.75% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Killen at 470 Ruby Richardson Dr, Killen, AL, 35645 offers a 3.75% rental yield on a $579,900 purchase with $1,810/mo rent. 86% in year one. Equity gained on principal adds $3,742/yr while 5% annual appreciation supports $160,216 over five years. Portfolio math shows five-year ROI at 53.58% and total cumulative return in cash at $102,217. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,810/mo property income against a $2,838/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1995

7.73 Acres lot

$N/A/sqft

No HOA

More details about the property

This well-maintained 5-bedroom, 3-bath home in Killen offers a cozy living room that flows into the kitchen, featuring custom cabinets, granite countertops, a kitchen island, and black stainless appliances. The main areas boast new ceilings and fresh LVP flooring. The primary bedroom includes a private bath with a tile shower, custom vanity, and direct access to the screened deck. Two more bedrooms and a full bath complete the main level. The basement offers a living room, full bath, two bedrooms, and a laundry room. Outside, you'll find a 2-car attached garage, a 2-car detached shop, a concrete-covered RV area with a 50-amp plug, and a fenced in-ground pool with a custom retaining wall. The home is equipped with a Generac system and sits on nearly 8 acres with a pond and stunning views. Theres just too much to listcall today for more details.

Neighborhood Data

Neighborhood data shown for ZIP Code: 35645, Killen, AL area.

Housing Distribution

Housing Statistics

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