1708 Gardenridge RdGardendaleAL35071
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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 Gardendale at 1708 Gardenridge Rd, Gardendale, AL, 35071 listed at $197,200 pairs $1,532/mo rent with a $965/mo payment to leave $419/mo cash flow. Total monthly income runs $1,532/mo, and annual cash flow reaches $5,029/yr on $65,372 cash to close. Return on cash invested measures 27.6% in year one, and rental yield registers 9.32% at a $197,200 basis. Equity gained on principal adds $1,273/yr, and annual property appreciation at 5% supports $54,483 by year five. Five-year ROI tracks 143.46% and total cumulative return in cash totals $93,785. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,532/mo property income relative to a $965/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35071, Gardendale, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,328 (100%) |
| Owner Occupied HU | 5,434 (74.2%) |
| Renter Occupied HU | 1,483 (20.2%) |
| Vacant Housing Units | 411 ( 5.6%) |
| Median Home Value | $305,155 |
| Average Home Value | $350,290 |
Housing Distribution
Address Breakdown
Residential
7,444
Single Family
6,835
Multi-Family
609
Businesses
673
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Listed by: Mike Hulen • RE/MAX Advantage
Mls Name: GALMLS
Mls ID: #21437683