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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Gadsden at 2 Richland Way #1, Gadsden, AL, 35907 listed at $100,000 pairs $0/mo rent with a $489/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -0.51% in year one, and rental yield registers 0% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Lot
Built in N/A
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 35907, Gadsden, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,944 (100%) |
| Owner Occupied HU | 3,383 (85.8%) |
| Renter Occupied HU | 342 ( 8.7%) |
| Vacant Housing Units | 219 ( 5.6%) |
| Median Home Value | $237,574 |
| Average Home Value | $280,457 |
Residential
3,874
Single Family
3,874
Multi-Family
0
Businesses
110
Date | Event | Price |
|---|---|---|
| 2021-05-18 | Listed for sale | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.
Listed by: Eddie Rich • ARC Realty Cahaba Heights
Mls Name: GALMLS
Mls Provider:
Mls ID: #1284491
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