108 Chieftan WayGadsdenAL35903
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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 Gadsden at 108 Chieftan Way, Gadsden, AL, 35903 offers $1,866/mo rent that, after a $943/mo payment, leaves $674/mo cash flow. Total monthly income is $1,866/mo, and annual cash flow is $8,087/yr on $63,880 cash. Return on cash invested measures 32.57% in year one, and rental yield stands at 11.62% at a $192,700 entry. Equity gained on principal adds $1,243/yr while 5% annual appreciation compounds into $53,239 by year five. Five-year ROI records 170.71% and total cumulative return in cash reaches $109,052. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,866/mo property income versus a $943/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35903, Gadsden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,423 (100%) |
| Owner Occupied HU | 4,732 (56.2%) |
| Renter Occupied HU | 2,592 (30.8%) |
| Vacant Housing Units | 1,099 (13.0%) |
| Median Home Value | $185,769 |
| Average Home Value | $224,647 |
Housing Distribution
Address Breakdown
Residential
7,867
Single Family
7,466
Multi-Family
401
Businesses
611
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