313 Harris AveAdamsvilleAL35005
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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 Adamsville at 313 Harris Ave, Adamsville, AL, 35005 priced at $139,900 pairs $1,105/mo rent with $315/mo cash flow after a $685/mo payment. Total monthly income equals $1,105/mo, and annual cash flow comes to $3,781/yr on $46,377 invested. Return on cash invested is 28.06% in year one, and rental yield stands at 9.48% on a $139,900 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,652 by year five. Five-year ROI measures 145.97% and total cumulative return in cash reaches $67,695. For financing, Ziffy Mortgage’s DSCR program evaluates $1,105/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35005, Adamsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,379 (100%) |
| Owner Occupied HU | 2,203 (65.2%) |
| Renter Occupied HU | 744 (22.0%) |
| Vacant Housing Units | 432 (12.8%) |
| Median Home Value | $164,914 |
| Average Home Value | $237,321 |
Housing Distribution
Address Breakdown
Residential
3,187
Single Family
3,187
Multi-Family
0
Businesses
153
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Listed by: Cerita Tucker Smith • ReGroup Sales and Development
Mls Name: GALMLS
Mls ID: #21438351