121 Mitchell RdAshvilleAL35953
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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 121 Mitchell Rd, Ashville, AL, 35953 at $194,999 posts ROI 26.94% with $379/mo cash flow from $1,479/mo rent. Total monthly income equals $1,479/mo, and annual cash flow records $4,545/yr on $64,642 to close. Return on cash invested measures 26.94% and rental yield reads 9.1% at the current $194,999. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 by year five. Five-year ROI prints 139.84% and total cumulative return in cash totals $90,394.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,479/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1982
0.90 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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Listed by: Rachel Broadhead • Kell Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21426829
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.