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 uses $129,484 cash to close to unlock $4,165/yr annual cash flow and $347/mo monthly cash flow. Total monthly income runs $2,552/mo, and a $1,912/mo payment keeps the spread at $347/mo. Purchase price stands at $390,600, and rental yield measures 7.84% with $2,552/mo rent. Return on cash invested shows 23.13% in year one, and 5% annual appreciation builds toward $107,916 over five years. Five-year ROI reaches 119.4% and total cumulative return in cash records $154,601. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,552/mo property income covering a $1,912/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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