2317 Fairview RdGadsdenAL35904
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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 2317 Fairview Rd, Gadsden, AL, 35904 generates $1,910/mo in rent and, after a $1,008/mo payment, leaves $748/mo in cash flow. Total monthly income is $1,910/mo, and annual cash flow is $8,970/yr on $68,289 invested. Return on cash invested sits at 33.04% in year one, and rental yield is 11.13% on a $206,000 entry. Equity gained on principal adds $1,329/yr, while 5% annual appreciation builds toward $56,914 over five years. Five-year ROI reaches 172.61% and total cumulative return in cash sums $117,872. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,910/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.49 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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