6775 Norris Farm RdTrussvilleAL35173
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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 Trussville at 6775 Norris Farm Rd, Trussville, AL, 35173 generates $5,795/mo in rent and, after a $3,230/mo payment, leaves $2,070/mo in cash flow. Total monthly income is $5,795/mo, and annual cash flow is $24,841/yr on $217,107 invested. Return on cash invested sits at 31.5% in year one, and rental yield is 10.54% on a $659,900 entry. Equity gained on principal adds $4,258/yr, while 5% annual appreciation builds toward $182,318 over five years. Five-year ROI reaches 164.28% and total cumulative return in cash sums $356,654. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,795/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.72 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: Hannah McDaniel • ARC Realty - Hoover
Mls Name: GALMLS
Mls ID: #21434077