10826 State Highway 23AshvilleAL35953
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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 Ashville at 10826 State Highway 23, Ashville, AL, 35953 uses $45,144 cash to close to unlock $10,006/yr annual cash flow and $834/mo monthly cash flow. Total monthly income runs $1,603/mo, and a $667/mo payment keeps the spread at $834/mo. Purchase price stands at $136,180, and rental yield measures 14.13% with $1,603/mo rent. Return on cash invested shows 42.07% in year one, and 5% annual appreciation builds toward $37,624 over five years. Five-year ROI reaches 220.97% and total cumulative return in cash records $99,755. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,603/mo property income covering a $667/mo payment rather than investor’s personal income.
Single Family
Built in 1994
3.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35953, Ashville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,630 (100%) |
| Owner Occupied HU | 2,691 (74.1%) |
| Renter Occupied HU | 533 (14.7%) |
| Vacant Housing Units | 406 (11.2%) |
| Median Home Value | $232,113 |
| Average Home Value | $257,219 |
Housing Distribution
Address Breakdown
Residential
2,989
Single Family
2,989
Multi-Family
0
Businesses
203
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