302 Clark StGadsdenAL35904
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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 Gadsden at 302 Clark St, Gadsden, AL, 35904 with 5% annual appreciation on a $158,000 basis while $946/mo rent supports operations. Total monthly income totals $946/mo and a $773/mo payment preserves $55/mo for cash returns. Annual cash flow comes to $654/yr on $52,377 deployed, and return on cash invested reaches 21.16% in year one. Equity gained on principal adds $1,020/yr, and five-year appreciation sums $43,652 alongside rental yield of 7.18%. Five-year ROI measures 108.87% and total cumulative return in cash totals $57,022.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $946/mo property income versus a $773/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35904, Gadsden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,467 (100%) |
| Owner Occupied HU | 4,044 (62.5%) |
| Renter Occupied HU | 1,552 (24.0%) |
| Vacant Housing Units | 871 (13.5%) |
| Median Home Value | $117,073 |
| Average Home Value | $172,088 |
Housing Distribution
Address Breakdown
Residential
5,954
Single Family
5,954
Multi-Family
0
Businesses
396
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