277 Springdale 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
Rental property for sale in Gardendale at 277 Springdale Dr, Gardendale, AL, 35071 priced at $274,900 converts $2,358/mo rent into $807/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,358/mo, and annual cash flow totals $9,682/yr on $91,129 invested. Return on cash invested prints 30.53% in year one, and rental yield reads 10.29% against a $274,900 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation compiles into $75,950 by year five. Five-year ROI reaches 159.1% and total cumulative return in cash sums $144,987. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,358/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 2003
6,098 sqft 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: Bryan Knox • Knox Realty
Mls Name: GALMLS
Mls ID: #21431108