2751 Rhody DrGardendaleAL35071
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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 Gardendale at 2751 Rhody Dr, Gardendale, AL, 35071 uses $53,007 cash to close to unlock $3,649/yr annual cash flow and $304/mo monthly cash flow. Total monthly income runs $1,207/mo, and a $783/mo payment keeps the spread at $304/mo. Purchase price stands at $159,900, and rental yield measures 9.06% with $1,207/mo rent. Return on cash invested shows 26.79% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 139.13% and total cumulative return in cash records $73,746. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,207/mo property income covering a $783/mo payment rather than investor’s personal income.
Manufactured
Built in 2001
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35071, Gardendale, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,328 (100%) |
| Owner Occupied HU | 5,434 (74.2%) |
| Renter Occupied HU | 1,483 (20.2%) |
| Vacant Housing Units | 411 ( 5.6%) |
| Median Home Value | $305,155 |
| Average Home Value | $350,290 |
Housing Distribution
Address Breakdown
Residential
7,444
Single Family
6,835
Multi-Family
609
Businesses
673
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Listed by: Tiffanie Reynolds Easter • RE/MAX on Main
Mls Name: GALMLS
Mls ID: #21439739