11 Redmill Saragossa RdJasperAL35503
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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 Jasper at 11 Redmill Saragossa Rd, Jasper, AL, 35503 generates $1,340/mo in rent and, after a $1,076/mo payment, leaves $99/mo in cash flow. Total monthly income is $1,340/mo, and annual cash flow is $1,189/yr on $72,897 invested. Return on cash invested sits at 21.54% in year one, and rental yield is 7.31% on a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 110.94% and total cumulative return in cash sums $80,872. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,340/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35503, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,833 (100%) |
| Owner Occupied HU | 2,681 (69.9%) |
| Renter Occupied HU | 753 (19.6%) |
| Vacant Housing Units | 399 (10.4%) |
| Median Home Value | $161,400 |
| Average Home Value | $189,766 |
Housing Distribution
Address Breakdown
Residential
3,966
Single Family
3,966
Multi-Family
0
Businesses
179
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