12149 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 12149 State Highway 23, Ashville, AL, 35953 listed at $214,995 pairs $2,006/mo rent with a $1,052/mo payment to leave $793/mo cash flow. Total monthly income runs $2,006/mo, and annual cash flow reaches $9,513/yr on $71,271 cash to close. Return on cash invested measures 33.26% in year one, and rental yield registers 11.2% at a $214,995 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,399 by year five. Five-year ROI tracks 173.71% and total cumulative return in cash totals $123,804. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,006/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
2 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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