334 Ashland AveWadleyAL36276
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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
Rental property for sale in Wadley at 334 Ashland Ave, Wadley, AL, 36276 priced at $159,000 converts $1,246/mo rent into $349/mo cash flow after a $778/mo obligation. Total monthly income equals $1,246/mo, and annual cash flow totals $4,185/yr on $52,709 invested. Return on cash invested prints 27.85% in year one, and rental yield reads 9.4% against a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation compiles into $43,929 by year five. Five-year ROI reaches 144.73% and total cumulative return in cash sums $76,284. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,246/mo property income covering a $778/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36276, Wadley, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,214 (100%) |
| Owner Occupied HU | 732 (60.3%) |
| Renter Occupied HU | 202 (16.6%) |
| Vacant Housing Units | 280 (23.1%) |
| Median Home Value | $215,414 |
| Average Home Value | $229,556 |
Housing Distribution
Address Breakdown
Residential
979
Single Family
979
Multi-Family
0
Businesses
66
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