240 Fox Chase DrGadsdenAL35903
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 240 Fox Chase Dr, Gadsden, AL, 35903 priced at $549,000 converts $3,959/mo rent into $860/mo cash flow after a $2,687/mo obligation. Total monthly income equals $3,959/mo, and annual cash flow totals $10,323/yr on $180,621 invested. Return on cash invested prints 25.78% in year one, and rental yield reads 8.65% against a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation compiles into $151,679 by year five. Five-year ROI reaches 133.56% and total cumulative return in cash sums $241,244. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,959/mo property income covering a $2,687/mo payment, not borrower’s personal income.
Single Family
Built in 2004
0.72 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