162 Fairoaks StGadsdenAL35901
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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 162 Fairoaks St, Gadsden, AL, 35901 with 5% annual appreciation on a $359,900 basis while $2,295/mo rent supports operations. Total monthly income totals $2,295/mo and a $1,762/mo payment preserves $263/mo for cash returns. Annual cash flow comes to $3,157/yr on $119,307 deployed, and return on cash invested reaches 22.55% in year one. Equity gained on principal adds $2,322/yr, and five-year appreciation sums $99,434 alongside rental yield of 7.65%. Five-year ROI measures 116.35% and total cumulative return in cash totals $138,818.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,295/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35901, Gadsden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,155 (100%) |
| Owner Occupied HU | 4,980 (54.4%) |
| Renter Occupied HU | 2,801 (30.6%) |
| Vacant Housing Units | 1,374 (15.0%) |
| Median Home Value | $220,750 |
| Average Home Value | $250,773 |
Housing Distribution
Address Breakdown
Residential
8,585
Single Family
7,914
Multi-Family
671
Businesses
1,141
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