3161 Hawthorne PlSouthsideAL35907
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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 Southside at 3161 Hawthorne Pl, Southside, AL, 35907 generates $2,135/mo in rent and, after a $1,364/mo payment, leaves $562/mo in cash flow. Total monthly income is $2,135/mo, and annual cash flow is $6,744/yr on $92,389 invested. Return on cash invested sits at 27.21% in year one, and rental yield is 9.19% on a $278,700 entry. Equity gained on principal adds $1,798/yr, while 5% annual appreciation builds toward $77,000 over five years. Five-year ROI reaches 141.26% and total cumulative return in cash sums $130,509. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,135/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35907, Gadsden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,944 (100%) |
| Owner Occupied HU | 3,383 (85.8%) |
| Renter Occupied HU | 342 ( 8.7%) |
| Vacant Housing Units | 219 ( 5.6%) |
| Median Home Value | $237,574 |
| Average Home Value | $280,457 |
Housing Distribution
Address Breakdown
Residential
3,874
Single Family
3,874
Multi-Family
0
Businesses
110
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