155 Creekside DrGadsdenAL35903
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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 Gadsden at 155 Creekside Dr, Gadsden, AL, 35903 priced at $139,900 converts $960/mo rent into $170/mo cash flow after a $685/mo obligation. Total monthly income equals $960/mo, and annual cash flow totals $2,041/yr on $46,377 invested. Return on cash invested prints 24.31% in year one, and rental yield reads 8.23% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 125.84% and total cumulative return in cash sums $58,359. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $960/mo property income covering a $685/mo payment, not borrower’s personal income.
Manufactured
Built in 1998
4 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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