220 E Walnut StGadsdenAL35903
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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 Gadsden at 220 E Walnut St, Gadsden, AL, 35903 at $110,000 posts ROI 28.19% with $252/mo cash flow from $872/mo rent. Total monthly income equals $872/mo, and annual cash flow records $3,018/yr on $36,465 to close. Return on cash invested measures 28.19% and rental yield reads 9.51% at the current $110,000. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 by year five. Five-year ROI prints 146.61% and total cumulative return in cash totals $53,460.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $872/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
10,454 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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Listed by: Susan McMurry • Realty Plus, Inc.
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21889346
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