1109 Central AveGadsdenAL35904
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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 Gadsden at 1109 Central Ave, Gadsden, AL, 35904 at $149,900 posts ROI 29.17% with $384/mo cash flow from $1,230/mo rent. Total monthly income equals $1,230/mo, and annual cash flow records $4,603/yr on $49,692 to close. Return on cash invested measures 29.17% and rental yield reads 9.85% at the current $149,900. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 by year five. Five-year ROI prints 151.84% and total cumulative return in cash totals $75,455.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,230/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1935
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35904, Gadsden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,467 (100%) |
| Owner Occupied HU | 4,044 (62.5%) |
| Renter Occupied HU | 1,552 (24.0%) |
| Vacant Housing Units | 871 (13.5%) |
| Median Home Value | $117,073 |
| Average Home Value | $172,088 |
Housing Distribution
Address Breakdown
Residential
5,954
Single Family
5,954
Multi-Family
0
Businesses
396
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Listed by: James Barrett • eXp Realty, LLC Central
Mls Name: GALMLS
Mls Provider:
Mls ID: #21413096
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.