240 Gordon DrOneontaAL35121
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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 Oneonta at 240 Gordon Dr, Oneonta, AL, 35121 priced at $239,100 converts $3,607/mo rent into $2,258/mo cash flow after a $1,170/mo obligation. Total monthly income equals $3,607/mo, and annual cash flow totals $27,092/yr on $79,262 invested. Return on cash invested prints 54.09% in year one, and rental yield reads 18.1% against a $239,100 entry. Equity gained on principal adds $1,543/yr, while 5% annual appreciation compiles into $66,059 by year five. Five-year ROI reaches 285.42% and total cumulative return in cash sums $226,232. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,607/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Single Family
Built in 1951
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35121, Oneonta, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,877 (100%) |
| Owner Occupied HU | 4,695 (68.3%) |
| Renter Occupied HU | 1,583 (23.0%) |
| Vacant Housing Units | 599 ( 8.7%) |
| Median Home Value | $202,796 |
| Average Home Value | $247,068 |
Housing Distribution
Address Breakdown
Residential
6,618
Single Family
6,435
Multi-Family
183
Businesses
713
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