1993 S Goshen RdGoshenAL36035
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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 Goshen at 1993 S Goshen Rd, Goshen, AL, 36035 uses $58,013 cash to close to unlock $6,705/yr annual cash flow and $559/mo monthly cash flow. Total monthly income runs $1,547/mo, and a $857/mo payment keeps the spread at $559/mo. Purchase price stands at $175,000, and rental yield measures 10.61% with $1,547/mo rent. Return on cash invested shows 31.47% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 164.11% and total cumulative return in cash records $95,203. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,547/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1998
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36035, Goshen, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 885 (100%) |
| Owner Occupied HU | 584 (66.0%) |
| Renter Occupied HU | 185 (20.9%) |
| Vacant Housing Units | 116 (13.1%) |
| Median Home Value | $131,579 |
| Average Home Value | $182,397 |
Housing Distribution
Address Breakdown
Residential
902
Single Family
902
Multi-Family
0
Businesses
44
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