208 Spring StAdamsvilleAL35005
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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 Adamsville at 208 Spring St, Adamsville, AL, 35005 priced at $125,000 converts $1,002/mo rent into $296/mo cash flow after a $612/mo obligation. Total monthly income equals $1,002/mo, and annual cash flow totals $3,555/yr on $41,438 invested. Return on cash invested prints 28.49% in year one, and rental yield reads 9.62% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 148.23% and total cumulative return in cash sums $61,421. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,002/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1930
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35005, Adamsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,379 (100%) |
| Owner Occupied HU | 2,203 (65.2%) |
| Renter Occupied HU | 744 (22.0%) |
| Vacant Housing Units | 432 (12.8%) |
| Median Home Value | $164,914 |
| Average Home Value | $237,321 |
Housing Distribution
Address Breakdown
Residential
3,187
Single Family
3,187
Multi-Family
0
Businesses
153
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Listed by: Michele Jennings • Keller Williams Metro North
Mls Name: GALMLS
Mls ID: #21431862