6615 Limbaugh LoopTrussvilleAL35173
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 6615 Limbaugh Loop, Trussville, AL, 35173 priced at $390,000 converts $3,136/mo rent into $935/mo cash flow after a $1,909/mo obligation. Total monthly income equals $3,136/mo, and annual cash flow totals $11,214/yr on $129,285 invested. Return on cash invested prints 28.58% in year one, and rental yield reads 9.65% against a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation compiles into $107,750 by year five. Five-year ROI reaches 148.65% and total cumulative return in cash sums $192,188. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,136/mo property income covering a $1,909/mo payment, not borrower’s personal income.
Single Family
Built in 1981
1 Acres 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
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Listed by: Randy Aldrich • EXIT Realty Southern Select
Mls Name: GALMLS
Mls ID: #21437597