2482 Barnes DrHokes BluffAL35903
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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 Hokes Bluff at 2482 Barnes Dr, Hokes Bluff, AL, 35903 listed at $259,900 pairs $1,600/mo rent with a $1,272/mo payment to leave $133/mo cash flow. Total monthly income runs $1,600/mo, and annual cash flow reaches $1,597/yr on $86,157 cash to close. Return on cash invested measures 21.76% in year one, and rental yield registers 7.39% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 112.12% and total cumulative return in cash totals $96,598. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,600/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
0.34 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
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Listed by: Regina Stapler • Maximum One Community Realtors
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21892616
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