2401 Veranda TrceGadsdenAL35903
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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
Investment property for sale in Gadsden at 2401 Veranda Trce, Gadsden, AL, 35903 earns from $3,480/mo rent with a $6,118/mo payment. Total monthly income totals $3,480/mo. ROI tracks 9.71% on current figures, and rental yield reads 3.34% at a $1,250,000 purchase. Equity gained on principal adds $8,066/yr, and 5% annual appreciation supports $345,352 over five years. Five-year ROI reaches 47.36% and total cumulative return in cash sums $191,821. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,480/mo property income instead of your personal income.
Single Family
Built in 2010
0.63 Acres lot
$N/A/sqft
$250 annually 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
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Listed by: Betty Greer • Susie Weems Real Estate, LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21892620
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