2106 Adams StGadsdenAL35904
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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 2106 Adams St, Gadsden, AL, 35904 generates $756/mo in rent and, after a $489/mo payment, leaves $192/mo in cash flow. Total monthly income is $756/mo, and annual cash flow is $2,304/yr on $33,150 invested. Return on cash invested sits at 26.86% in year one, and rental yield is 9.07% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 139.38% and total cumulative return in cash sums $46,204. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $756/mo property income rather than buyer’s personal income.
Single Family
Built in 1943
0.33 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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Listed by: Chatman Hill-Crayton • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21426713
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.