108 Gwindale LnGadsdenAL35901
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 108 Gwindale Ln, Gadsden, AL, 35901 in Gadsden speaks for itself: 11.39% gross on a $261,600 price, generating $2,483/mo in rent and $1,006/mo in net income after the $1,176/mo debt service. DSCR 2.11, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $12,074 stacks alongside $72,275 in projected five-year appreciation and $2,409/yr in principal reduction. Projected total cumulative return: $163,363.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 8.0% |
| Monthly Cash Flow | $1,006 | $1,200 |
City averages based on Gadsden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,483 |
| Total Monthly Debt Service | $1,373 |
| DSCR Ratio | 1.81x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35901, Gadsden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,155 (100%) |
| Owner Occupied HU | 4,980 (54.4%) |
| Renter Occupied HU | 2,801 (30.6%) |
| Vacant Housing Units | 1,374 (15.0%) |
| Median Home Value | $220,750 |
| Average Home Value | $250,773 |
Housing Distribution
Address Breakdown
Residential
8,585
Single Family
7,914
Multi-Family
671
Businesses
1,141
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
Single Family
Built in 1960
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35901, Gadsden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,155 (100%) |
| Owner Occupied HU | 4,980 (54.4%) |
| Renter Occupied HU | 2,801 (30.6%) |
| Vacant Housing Units | 1,374 (15.0%) |
| Median Home Value | $220,750 |
| Average Home Value | $250,773 |
Housing Distribution
Address Breakdown
Residential
8,585
Single Family
7,914
Multi-Family
671
Businesses
1,141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices