515 Lawrence St WRussellvilleAL35653
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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
Rental property for sale in Russellville at 515 Lawrence St W, Russellville, AL, 35653 priced at $110,000 converts $875/mo rent into $255/mo cash flow after a $538/mo obligation. Total monthly income equals $875/mo, and annual cash flow totals $3,054/yr on $36,465 invested. Return on cash invested prints 28.28% in year one, and rental yield reads 9.55% against a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,391 by year five. Five-year ROI reaches 147.1% and total cumulative return in cash sums $53,640. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $875/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35653, Russellville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,821 (100%) |
| Owner Occupied HU | 2,785 (57.8%) |
| Renter Occupied HU | 1,435 (29.8%) |
| Vacant Housing Units | 601 (12.5%) |
| Median Home Value | $168,133 |
| Average Home Value | $207,672 |
Housing Distribution
Address Breakdown
Residential
4,371
Single Family
4,186
Multi-Family
185
Businesses
521
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Listed by: Marisol Aburto Rodriguez • American Realty Company LLC
Mls Name: Strategic MLS Alliance
Mls ID: #524107
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.