5844 Carrington LnTrussvilleAL35173
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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 5844 Carrington Ln, Trussville, AL, 35173 with 5% annual appreciation on a $410,000 basis while $3,199/mo rent supports operations. Total monthly income totals $3,199/mo and a $2,007/mo payment preserves $764/mo for cash returns. Annual cash flow comes to $9,172/yr on $135,915 deployed, and return on cash invested reaches 26.66% in year one. Equity gained on principal adds $2,646/yr, and five-year appreciation sums $113,275 alongside rental yield of 9.36%. Five-year ROI measures 138.72% and total cumulative return in cash totals $188,543.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,199/mo property income versus a $2,007/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2003
0.71 Acres lot
$N/A/sqft
$450 annually 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: Matthew Coleman • Keller Williams Homewood
Mls Name: GALMLS
Mls Provider:
Mls ID: #21414462
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.