608 Elm CirRussellvilleAL35653
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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 Russellville at 608 Elm Cir, Russellville, AL, 35653 listed at $407,650 pairs $2,585/mo rent with a $1,995/mo payment to leave $284/mo cash flow. Total monthly income runs $2,585/mo, and annual cash flow reaches $3,411/yr on $135,136 cash to close. Return on cash invested measures 22.43% in year one, and rental yield registers 7.61% at a $407,650 basis. Equity gained on principal adds $2,631/yr, and annual property appreciation at 5% supports $112,626 by year five. Five-year ROI tracks 115.67% and total cumulative return in cash totals $156,318. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,585/mo property income relative to a $1,995/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35653, Russellville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,821 (100%) |
| Owner Occupied HU | 2,785 (57.8%) |
| Renter Occupied HU | 1,435 (29.8%) |
| Vacant Housing Units | 601 (12.5%) |
| Median Home Value | $168,133 |
| Average Home Value | $207,672 |
Housing Distribution
Address Breakdown
Residential
4,371
Single Family
4,186
Multi-Family
185
Businesses
521
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Listed by: Lisa M Wood • Riverside Realty, Inc
Mls Name: Strategic MLS Alliance
Mls ID: #524252