2513 Barnes DrHokes BluffAL35903
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
Investment property for sale in Hokes Bluff at 2513 Barnes Dr, Hokes Bluff, AL, 35903 earns $423/mo cash flow from $1,500/mo rent with a $934/mo payment. Total monthly income totals $1,500/mo, and annual cash flow totals $5,074/yr on $63,283 capital. ROI tracks 27.93% on current figures, and rental yield reads 9.43% at a $190,900 purchase. Equity gained on principal adds $1,232/yr, and 5% annual appreciation supports $52,742 over five years. Five-year ROI reaches 145.11% and total cumulative return in cash sums $91,831. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.
Single Family
Built in 1967
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Phil Luttrell • Impact Realty, LLC
Mls Name: ValleyMLS
Mls ID: #21893985