237 Tabor RdGadsdenAL35904
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
Rental property for sale in Gadsden at 237 Tabor Rd, Gadsden, AL, 35904 priced at $179,900 converts $1,738/mo rent into $701/mo cash flow after a $881/mo obligation. Total monthly income equals $1,738/mo, and annual cash flow totals $8,411/yr on $59,637 invested. Return on cash invested prints 34.01% in year one, and rental yield reads 11.59% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 177.91% and total cumulative return in cash sums $106,101. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,738/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.31 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: Wesley Sutton • Corporate South Realty,Inc
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21883404
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