1506 Gamble AveJasperAL35501
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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 1506 Gamble Ave, Jasper, AL, 35501 generates $1,133/mo in rent and, after a $562/mo payment, leaves $485/mo in cash flow. Total monthly income is $1,133/mo, and annual cash flow is $5,818/yr on $38,089 invested. Return on cash invested sits at 35.18% in year one, and rental yield is 11.83% on a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 184.06% and total cumulative return in cash sums $70,106. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,133/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35501, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,603 (100%) |
| Owner Occupied HU | 2,465 (53.6%) |
| Renter Occupied HU | 1,548 (33.6%) |
| Vacant Housing Units | 590 (12.8%) |
| Median Home Value | $172,115 |
| Average Home Value | $247,089 |
Housing Distribution
Address Breakdown
Residential
4,604
Single Family
4,455
Multi-Family
149
Businesses
952
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