59 Blackjack RdTrussvilleAL35173
Nearby investment properties with comparable rents
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 Trussville at 59 Blackjack Rd, Trussville, AL, 35173 priced at $115,000 converts $904/mo rent into $255/mo cash flow after a $563/mo obligation. Total monthly income equals $904/mo, and annual cash flow totals $3,057/yr on $38,123 invested. Return on cash invested prints 27.93% in year one, and rental yield reads 9.43% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 145.14% and total cumulative return in cash sums $55,329. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $904/mo property income covering a $563/mo payment, not borrower’s personal income.
Manufactured
Built in 2006
8,712 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eugene Dallas • Keller Williams Homewood
Mls Name: GALMLS
Mls Provider:
Mls ID: #21401486
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.