1383 Lasseter RdSouthsideAL35907
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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 Southside at 1383 Lasseter Rd, Southside, AL, 35907 earns $409/mo cash flow from $1,434/mo rent with a $889/mo payment. Total monthly income totals $1,434/mo, and annual cash flow totals $4,905/yr on $60,234 capital. ROI tracks 28.05% on current figures, and rental yield reads 9.47% at a $181,700 purchase. Equity gained on principal adds $1,172/yr, and 5% annual appreciation supports $50,200 over five years. Five-year ROI reaches 145.81% and total cumulative return in cash sums $87,826. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,434/mo property income instead of your personal income.
Single Family
Built in 1981
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35907, Gadsden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,944 (100%) |
| Owner Occupied HU | 3,383 (85.8%) |
| Renter Occupied HU | 342 ( 8.7%) |
| Vacant Housing Units | 219 ( 5.6%) |
| Median Home Value | $237,574 |
| Average Home Value | $280,457 |
Housing Distribution
Address Breakdown
Residential
3,874
Single Family
3,874
Multi-Family
0
Businesses
110
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