280 Main St NGordoAL35466
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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 280 Main St N, Gordo, AL, 35466 with 5% annual appreciation on a $269,900 basis while $1,440/mo rent supports operations. 79% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,568 alongside rental yield of 6.4%. Five-year ROI measures 96.14% and total cumulative return in cash totals $86,022. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,440/mo property income versus a $1,321/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.54 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: Zeke Zeanah • Advantage Realty Group
Mls Name: WAMLS
Mls Provider:
Mls ID: #164038
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.