1312 River StGadsdenAL35903
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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 Gadsden at 1312 River St, Gadsden, AL, 35903 uses $33,647 cash to close to unlock $20,543/yr annual cash flow and $1,712/mo monthly cash flow. Total monthly income runs $2,285/mo, and a $497/mo payment keeps the spread at $1,712/mo. Purchase price stands at $101,500, and rental yield measures 27.01% with $2,285/mo rent. Return on cash invested shows 80.96% in year one, and 5% annual appreciation builds toward $28,043 over five years. Five-year ROI reaches 429.52% and total cumulative return in cash records $144,523. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,285/mo property income covering a $497/mo payment rather than investor’s personal income.
Single Family
Built in 1951
0.40 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
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