2484 Ridgecrest RdGordoAL35466
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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 Gordo at 2484 Ridgecrest Rd, Gordo, AL, 35466 earns from $2,302/mo rent with a $2,056/mo payment. Total monthly income totals $2,302/mo. ROI tracks 19.31% on current figures, and rental yield reads 6.58% at a $420,000 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 over five years. Five-year ROI reaches 98.93% and total cumulative return in cash sums $137,743. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,302/mo property income instead of your personal income.
Single Family
Built in 1998
8.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35466, Gordo, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,553 (100%) |
| Owner Occupied HU | 1,752 (68.6%) |
| Renter Occupied HU | 537 (21.0%) |
| Vacant Housing Units | 264 (10.3%) |
| Median Home Value | $154,610 |
| Average Home Value | $194,446 |
Housing Distribution
Address Breakdown
Residential
2,336
Single Family
2,310
Multi-Family
26
Businesses
115
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Listed by: Micah Hill • Keller Williams Tuscaloosa
Mls Name: WAMLS
Mls Provider:
Mls ID: #167881
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.