102 4th Ave EGlencoeAL35905
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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 Glencoe at 102 4th Ave E, Glencoe, AL, 35905 offers a 13.88% rental yield on a $114,700 purchase with $1,327/mo rent. Total monthly income registers $1,327/mo, and a $561/mo payment leaves $680/mo available for distribution. Annual cash flow reaches $8,160/yr on $38,023 to close, and return on cash invested stands at 41.37% in year one. Equity gained on principal adds $740/yr while 5% annual appreciation supports $31,690 over five years. Portfolio math shows five-year ROI at 217.19% and total cumulative return in cash at $82,583. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,327/mo property income against a $561/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35905, Gadsden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,864 (100%) |
| Owner Occupied HU | 2,150 (75.1%) |
| Renter Occupied HU | 497 (17.4%) |
| Vacant Housing Units | 217 ( 7.6%) |
| Median Home Value | $233,504 |
| Average Home Value | $231,655 |
Housing Distribution
Address Breakdown
Residential
2,919
Single Family
2,919
Multi-Family
0
Businesses
180
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