6004 Parkview LnSylvan SpringsAL35118
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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 Sylvan Springs at 6004 Parkview Ln, Sylvan Springs, AL, 35118 generates $2,078/mo in rent and, after a $1,493/mo payment, leaves $356/mo in cash flow. Total monthly income is $2,078/mo, and annual cash flow is $4,275/yr on $101,108 invested. Return on cash invested sits at 24.14% in year one, and rental yield is 8.18% on a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 124.84% and total cumulative return in cash sums $126,226. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,078/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35118, Mulga, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,410 (100%) |
| Owner Occupied HU | 1,046 (74.2%) |
| Renter Occupied HU | 230 (16.3%) |
| Vacant Housing Units | 134 ( 9.5%) |
| Median Home Value | $198,759 |
| Average Home Value | $232,703 |
Housing Distribution
Address Breakdown
Residential
1,383
Single Family
1,383
Multi-Family
0
Businesses
63
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Listed by: Jinny Forrester • Evernest Too
Mls Name: GALMLS
Mls Provider:
Mls ID: #21423656
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.