201 Elmwood AveGadsdenAL35903
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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
Rental property for sale in Gadsden at 201 Elmwood Ave, Gadsden, AL, 35903 priced at $129,900 pairs $988/mo rent with $255/mo cash flow after a $636/mo payment. Total monthly income equals $988/mo, and annual cash flow comes to $3,055/yr on $43,062 invested. Return on cash invested is 27% in year one, and rental yield stands at 9.13% on a $129,900 basis. Equity gained on principal adds $838/yr, and 5% annual appreciation accumulates to $35,889 by year five. Five-year ROI measures 140.22% and total cumulative return in cash reaches $60,379. For financing, Ziffy Mortgage’s DSCR program evaluates $988/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1946
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35903, Gadsden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,423 (100%) |
| Owner Occupied HU | 4,732 (56.2%) |
| Renter Occupied HU | 2,592 (30.8%) |
| Vacant Housing Units | 1,099 (13.0%) |
| Median Home Value | $185,769 |
| Average Home Value | $224,647 |
Housing Distribution
Address Breakdown
Residential
7,867
Single Family
7,466
Multi-Family
401
Businesses
611
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