402 Park StAshfordAL36312
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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 Ashford at 402 Park St, Ashford, AL, 36312 priced at $255,500 converts $1,728/mo rent into $285/mo cash flow after a $1,251/mo obligation. Total monthly income equals $1,728/mo, and annual cash flow totals $3,424/yr on $84,698 invested. Return on cash invested prints 23.95% in year one, and rental yield reads 8.12% against a $255,500 entry. Equity gained on principal adds $1,649/yr, while 5% annual appreciation compiles into $70,590 by year five. Five-year ROI reaches 123.84% and total cumulative return in cash sums $104,889. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,728/mo property income covering a $1,251/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36312, Ashford, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,977 (100%) |
| Owner Occupied HU | 2,019 (67.8%) |
| Renter Occupied HU | 690 (23.2%) |
| Vacant Housing Units | 268 ( 9.0%) |
| Median Home Value | $217,007 |
| Average Home Value | $245,414 |
Housing Distribution
Address Breakdown
Residential
2,682
Single Family
2,676
Multi-Family
6
Businesses
124
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