1956 Tabor CirGadsdenAL35904
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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 1956 Tabor Cir, Gadsden, AL, 35904 uses $71,273 cash to close to unlock $3,777/yr annual cash flow and $315/mo monthly cash flow. Total monthly income runs $1,528/mo, and a $1,052/mo payment keeps the spread at $315/mo. Purchase price stands at $215,000, and rental yield measures 8.53% with $1,528/mo rent. Return on cash invested shows 25.21% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 130.54% and total cumulative return in cash records $93,037. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,528/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.41 Acres 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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