79 Riverside DrChildersburgAL35044
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
Investment property for sale in Childersburg at 79 Riverside Dr, Childersburg, AL, 35044 at $243,900 posts ROI 34.65% with $993/mo cash flow from $2,370/mo rent. Total monthly income equals $2,370/mo, and annual cash flow records $11,917/yr on $80,853 to close. Return on cash invested measures 34.65% and rental yield reads 11.66% at the current $243,900. Equity gained on principal adds $1,574/yr, and 5% annual appreciation supports $67,385 by year five. Five-year ROI prints 181.24% and total cumulative return in cash totals $146,535.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,370/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
1.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35044, Childersburg, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,584 (100%) |
| Owner Occupied HU | 2,303 (64.3%) |
| Renter Occupied HU | 981 (27.4%) |
| Vacant Housing Units | 300 ( 8.4%) |
| Median Home Value | $140,261 |
| Average Home Value | $219,548 |
Housing Distribution
Address Breakdown
Residential
3,274
Single Family
3,241
Multi-Family
33
Businesses
282
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Listed by: Steve Fraley • eXp Realty, LLC Central
Mls Name: GALMLS
Mls ID: #21428425