5772 Carrington Lake PkwyTrussvilleAL35173
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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
Investment property for sale in Trussville at 5772 Carrington Lake Pkwy, Trussville, AL, 35173 uses $216,811 cash to close to unlock $873/yr annual cash flow and $73/mo monthly cash flow. Total monthly income runs $3,792/mo, and a $3,225/mo payment keeps the spread at $73/mo. Purchase price stands at $659,000, and rental yield measures 6.91% with $3,792/mo rent. Return on cash invested shows 20.46% in year one, and 5% annual appreciation builds toward $182,070 over five years. Five-year ROI reaches 105.05% and total cumulative return in cash records $227,767. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,792/mo property income covering a $3,225/mo payment rather than investor’s personal income.
Single Family
Built in 2003
5.50 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: Shont Jones • Norluxe Realty Birmingham LLC
Mls Name: GALMLS
Mls ID: #21437448