130 New York AveGadsdenAL35903
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 130 New York Ave, Gadsden, AL, 35903 with 5% annual appreciation on a $106,500 basis while $1,040/mo rent supports operations. Total monthly income totals $1,040/mo and a $521/mo payment preserves $435/mo for cash returns. Annual cash flow comes to $5,217/yr on $35,305 deployed, and return on cash invested reaches 34.69% in year one. Equity gained on principal adds $687/yr, and five-year appreciation sums $29,424 alongside rental yield of 11.72%. Five-year ROI measures 181.42% and total cumulative return in cash totals $64,049.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,040/mo property income versus a $521/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35903, Gadsden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,423 (100%) |
| Owner Occupied HU | 4,732 (56.2%) |
| Renter Occupied HU | 2,592 (30.8%) |
| Vacant Housing Units | 1,099 (13.0%) |
| Median Home Value | $185,769 |
| Average Home Value | $224,647 |
Housing Distribution
Address Breakdown
Residential
7,867
Single Family
7,466
Multi-Family
401
Businesses
611
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sue Holland • Sue Holland Realty LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21897474
Disclaimer: Properties marked with this icon are provided courtesy of the Valley MLS IDX Database. Some or all of the listings displayed may not belong to the firm whose website is being visited. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2025 Valley MLS