3310 Highway 159GordoAL35466
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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 3310 Highway 159, Gordo, AL, 35466 uses $46,377 cash to close to unlock $6,577/yr annual cash flow and $548/mo monthly cash flow. Total monthly income runs $1,338/mo, and a $685/mo payment keeps the spread at $548/mo. Purchase price stands at $139,900, and rental yield measures 11.48% with $1,338/mo rent. Return on cash invested shows 34.09% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 178.26% and total cumulative return in cash records $82,671. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,338/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1940
1.80 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: Matthew Wright • RE/MAX PREMIERE GROUP
Mls Name: WAMLS
Mls Provider:
Mls ID: #169014
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.