519 Spout Springs LoopMuscle ShoalsAL35661
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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 Muscle Shoals at 519 Spout Springs Loop, Muscle Shoals, AL, 35661 priced at $713,000 converts $2,627/mo rent into after a $3,490/mo obligation. Total monthly income equals $2,627/mo. Return on cash invested prints 12.91% in year one, and rental yield reads 4.42% against a $713,000 entry. Equity gained on principal adds $4,601/yr, while 5% annual appreciation compiles into $196,989 by year five. Five-year ROI reaches 64.57% and total cumulative return in cash sums $151,469. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,627/mo property income covering a $3,490/mo payment, not borrower’s personal income.
Single Family
Built in 1997
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35661, Muscle Shoals, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,939 (100%) |
| Owner Occupied HU | 5,873 (65.7%) |
| Renter Occupied HU | 2,358 (26.4%) |
| Vacant Housing Units | 708 ( 7.9%) |
| Median Home Value | $204,446 |
| Average Home Value | $252,543 |
Housing Distribution
Address Breakdown
Residential
8,611
Single Family
8,185
Multi-Family
426
Businesses
817
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Listed by: Victoria Davis • Riverside Realty, Inc
Mls Name: Strategic MLS Alliance
Mls ID: #518071
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.