77 Riverside LndgFort MitchellAL36856
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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 Fort Mitchell at 77 Riverside Lndg, Fort Mitchell, AL, 36856 earns $1,668/mo cash flow from $4,490/mo rent with a $2,447/mo payment. Total monthly income totals $4,490/mo, and annual cash flow totals $20,017/yr on $165,717 capital. ROI tracks 31.99% on current figures, and rental yield reads 10.78% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 166.92% and total cumulative return in cash sums $276,612. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,490/mo property income instead of your personal income.
Single Family
Built in 2013
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36856, Fort Mitchell, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,948 (100%) |
| Owner Occupied HU | 2,088 (70.8%) |
| Renter Occupied HU | 600 (20.4%) |
| Vacant Housing Units | 260 ( 8.8%) |
| Median Home Value | $252,279 |
| Average Home Value | $237,555 |
Housing Distribution
Address Breakdown
Residential
2,911
Single Family
2,911
Multi-Family
0
Businesses
87
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Listed by: Brent Newsome • Keller Williams Realty River C
Mls Name: East Alabama BOR
Mls ID: #E101879