2355 Caddell CirHokes BluffAL35903
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hokes Bluff at 2355 Caddell Cir, Hokes Bluff, AL, 35903 offers a 9.17% rental yield on a $269,900 purchase with $2,062/mo rent. Total monthly income registers $2,062/mo, and a $1,321/mo payment leaves $460/mo available for distribution. Annual cash flow reaches $5,518/yr on $89,472 to close, and return on cash invested stands at 26.08% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 135.58% and total cumulative return in cash at $121,302. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,062/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
4.10 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susin Herod • American Real Estate
Mls Name: GALMLS
Mls Provider:
Mls ID: #21425710
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.