3209 Thomas RdJasperAL35501
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Jasper at 3209 Thomas Rd, Jasper, AL, 35501 offers a 9.62% rental yield on a $105,500 purchase with $846/mo rent. Total monthly income registers $846/mo, and a $516/mo payment leaves $251/mo available for distribution. Annual cash flow reaches $3,010/yr on $34,973 to close, and return on cash invested stands at 28.52% in year one. Equity gained on principal adds $681/yr while 5% annual appreciation supports $29,148 over five years. Portfolio math shows five-year ROI at 148.3% and total cumulative return in cash at $51,867. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $846/mo property income against a $516/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35501, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,603 (100%) |
| Owner Occupied HU | 2,465 (53.6%) |
| Renter Occupied HU | 1,548 (33.6%) |
| Vacant Housing Units | 590 (12.8%) |
| Median Home Value | $172,115 |
| Average Home Value | $247,089 |
Housing Distribution
Address Breakdown
Residential
4,604
Single Family
4,455
Multi-Family
149
Businesses
952
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices