5639 Ridge View DrTrussvilleAL35173
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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 Trussville at 5639 Ridge View Dr, Trussville, AL, 35173 priced at $699,900 converts $6,216/mo rent into $2,265/mo cash flow after a $3,426/mo obligation. Total monthly income equals $6,216/mo, and annual cash flow totals $27,181/yr on $230,267 invested. Return on cash invested prints 31.86% in year one, and rental yield reads 10.66% against a $699,900 entry. Equity gained on principal adds $4,516/yr, while 5% annual appreciation compiles into $193,369 by year five. Five-year ROI reaches 166.22% and total cumulative return in cash sums $382,748. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,216/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 1999
2.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35173, Trussville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,820 (100%) |
| Owner Occupied HU | 10,116 (85.6%) |
| Renter Occupied HU | 1,187 (10.0%) |
| Vacant Housing Units | 517 ( 4.4%) |
| Median Home Value | $358,083 |
| Average Home Value | $390,275 |
Housing Distribution
Address Breakdown
Residential
12,172
Single Family
12,085
Multi-Family
87
Businesses
1,003
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Listed by: Bonnie Hicks • Keller Williams
Mls Name: GALMLS
Mls ID: #21418066