1502 Afton WayJasperAL35504
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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
Rental property for sale in Jasper at 1502 Afton Way, Jasper, AL, 35504 priced at $280,000 converts $1,866/mo rent into $259/mo cash flow after a $1,370/mo obligation. Total monthly income equals $1,866/mo, and annual cash flow totals $3,113/yr on $92,820 invested. Return on cash invested prints 23.26% in year one, and rental yield reads 8% against a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,359 by year five. Five-year ROI reaches 120.25% and total cumulative return in cash sums $111,621. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,866/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1990
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35504, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,415 (100%) |
| Owner Occupied HU | 4,453 (69.4%) |
| Renter Occupied HU | 1,189 (18.5%) |
| Vacant Housing Units | 773 (12.0%) |
| Median Home Value | $214,984 |
| Average Home Value | $265,241 |
Housing Distribution
Address Breakdown
Residential
6,416
Single Family
6,207
Multi-Family
209
Businesses
168
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Listed by: James Ann Martin • All Four Real Estate Inc
Mls Name: GALMLS
Mls Provider:
Mls ID: #21402739
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.