60 Highland View DrRiversideAL35135
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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 Riverside at 60 Highland View Dr, Riverside, AL, 35135 priced at $695,000 converts $3,002/mo rent into after a $3,402/mo obligation. Total monthly income equals $3,002/mo. Return on cash invested prints 15.23% in year one, and rental yield reads 5.18% against a $695,000 entry. Equity gained on principal adds $4,485/yr, while 5% annual appreciation compiles into $192,016 by year five. Five-year ROI reaches 76.97% and total cumulative return in cash sums $175,998. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,002/mo property income covering a $3,402/mo payment, not borrower’s personal income.
Single Family
Built in 2017
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35135, Riverside, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 989 (100%) |
| Owner Occupied HU | 622 (62.9%) |
| Renter Occupied HU | 255 (25.8%) |
| Vacant Housing Units | 112 (11.3%) |
| Median Home Value | $281,553 |
| Average Home Value | $320,691 |
Housing Distribution
Address Breakdown
Residential
889
Single Family
889
Multi-Family
0
Businesses
37
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