123 Clover StGordonAL36343
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 Gordon at 123 Clover St, Gordon, AL, 36343 uses $41,404 cash to close to unlock $3,136/yr annual cash flow and $261/mo monthly cash flow. Total monthly income runs $966/mo, and a $611/mo payment keeps the spread at $261/mo. Purchase price stands at $124,900, and rental yield measures 9.28% with $966/mo rent. Return on cash invested shows 27.48% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 142.85% and total cumulative return in cash records $59,146. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $966/mo property income covering a $611/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36343, Gordon, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 742 (100%) |
| Owner Occupied HU | 522 (70.4%) |
| Renter Occupied HU | 116 (15.6%) |
| Vacant Housing Units | 104 (14.0%) |
| Median Home Value | $161,111 |
| Average Home Value | $188,204 |
Housing Distribution
Address Breakdown
Residential
723
Single Family
723
Multi-Family
0
Businesses
29
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara Grant • Century 21 James Grant Realty
Mls Name: SAMLS
Mls ID: #196692
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.