1216 Belle StGadsdenAL35904
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1216 Belle St, Gadsden, AL, 35904 uses $46,377 cash to close to unlock $2,761/yr annual cash flow and $230/mo monthly cash flow. Total monthly income runs $1,020/mo, and a $685/mo payment keeps the spread at $230/mo. Purchase price stands at $139,900, and rental yield measures 8.75% with $1,020/mo rent. Return on cash invested shows 25.86% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 134.17% and total cumulative return in cash records $62,223. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,020/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1951
0.69 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices