1921 Lookout StGadsdenAL35904
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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 1921 Lookout St, Gadsden, AL, 35904 earns $143/mo cash flow from $2,144/mo rent with a $1,735/mo payment. Total monthly income totals $2,144/mo, and annual cash flow totals $1,717/yr on $117,525 capital. ROI tracks 21.37% on current figures, and rental yield reads 7.26% at a $354,524 purchase. Equity gained on principal adds $2,288/yr, and 5% annual appreciation supports $97,948 over five years. Five-year ROI reaches 109.99% and total cumulative return in cash sums $129,270. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,144/mo property income instead of your personal income.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35904, Gadsden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,467 (100%) |
| Owner Occupied HU | 4,044 (62.5%) |
| Renter Occupied HU | 1,552 (24.0%) |
| Vacant Housing Units | 871 (13.5%) |
| Median Home Value | $117,073 |
| Average Home Value | $172,088 |
Housing Distribution
Address Breakdown
Residential
5,954
Single Family
5,954
Multi-Family
0
Businesses
396
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