1220 W Forest DrGardendaleAL35071
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
Rental property for sale in Gardendale at 1220 W Forest Dr, Gardendale, AL, 35071 generates $2,333/mo in rent and, after a $1,459/mo payment, leaves $651/mo in cash flow. Total monthly income is $2,333/mo, and annual cash flow is $7,806/yr on $98,787 invested. Return on cash invested sits at 27.81% in year one, and rental yield is 9.39% on a $298,000 entry. Equity gained on principal adds $1,923/yr, while 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 144.53% and total cumulative return in cash sums $142,772. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,333/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35071, Gardendale, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,328 (100%) |
| Owner Occupied HU | 5,434 (74.2%) |
| Renter Occupied HU | 1,483 (20.2%) |
| Vacant Housing Units | 411 ( 5.6%) |
| Median Home Value | $305,155 |
| Average Home Value | $350,290 |
Housing Distribution
Address Breakdown
Residential
7,444
Single Family
6,835
Multi-Family
609
Businesses
673
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Finley • A.L.L. Realty
Mls Name: Strategic MLS Alliance
Mls ID: #525716