1010 Cedar Bend Rd SSouthsideAL35907
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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 Southside at 1010 Cedar Bend Rd S, Southside, AL, 35907 generates $2,167/mo in rent, after a $2,344/mo payment. Total monthly income is $2,167/mo. Return on cash invested sits at 15.86% in year one, and rental yield is 5.43% on a $479,000 entry. Equity gained on principal adds $3,091/yr, while 5% annual appreciation builds toward $132,339 over five years. Five-year ROI reaches 80.4% and total cumulative return in cash sums $127,659. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,167/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
3.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35907, Gadsden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,944 (100%) |
| Owner Occupied HU | 3,383 (85.8%) |
| Renter Occupied HU | 342 ( 8.7%) |
| Vacant Housing Units | 219 ( 5.6%) |
| Median Home Value | $237,574 |
| Average Home Value | $280,457 |
Housing Distribution
Address Breakdown
Residential
3,874
Single Family
3,874
Multi-Family
0
Businesses
110
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