569 Springdale RdMount OliveAL35117
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Nearby investment properties with comparable prices
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 Mount Olive at 569 Springdale Rd, Mount Olive, AL, 35117 priced at $219,900 converts $1,570/mo rent into $329/mo cash flow after a $1,076/mo obligation. Total monthly income equals $1,570/mo, and annual cash flow totals $3,949/yr on $72,897 invested. Return on cash invested prints 25.33% in year one, and rental yield reads 8.57% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 131.25% and total cumulative return in cash sums $95,680. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,570/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35117, Mount Olive, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,686 (100%) |
| Owner Occupied HU | 2,258 (84.1%) |
| Renter Occupied HU | 289 (10.8%) |
| Vacant Housing Units | 139 ( 5.2%) |
| Median Home Value | $290,234 |
| Average Home Value | $310,559 |
Housing Distribution
Address Breakdown
Residential
2,629
Single Family
2,629
Multi-Family
0
Businesses
55
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Listed by: Lacy Orazine • ARC Realty Vestavia
Mls Name: GALMLS
Mls ID: #21425578