977 Shoreside DrDouble SpringsAL35553
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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 Double Springs at 977 Shoreside Dr, Double Springs, AL, 35553 listed at $789,900 pairs $3,823/mo rent with a $3,866/mo payment. Total monthly income runs $3,823/mo. Return on cash invested measures 17.13% in year one, and rental yield registers 5.81% at a $789,900 basis. Equity gained on principal adds $5,097/yr, and annual property appreciation at 5% supports $218,235 by year five. Five-year ROI tracks 87.17% and total cumulative return in cash totals $226,529. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,823/mo property income relative to a $3,866/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35553, Double Springs, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,404 (100%) |
| Owner Occupied HU | 1,438 (59.8%) |
| Renter Occupied HU | 370 (15.4%) |
| Vacant Housing Units | 596 (24.8%) |
| Median Home Value | $92,361 |
| Average Home Value | $160,070 |
Housing Distribution
Address Breakdown
Residential
1,937
Single Family
1,937
Multi-Family
0
Businesses
162
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