405 Meadow WayJasperAL35504
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
Rental property for sale in Jasper at 405 Meadow Way, Jasper, AL, 35504 offers $2,438/mo rent that, after a $1,520/mo payment, leaves $685/mo cash flow. Total monthly income is $2,438/mo, and annual cash flow is $8,221/yr on $102,931 cash. Return on cash invested measures 27.9% in year one, and rental yield stands at 9.42% at a $310,500 entry. Equity gained on principal adds $2,004/yr while 5% annual appreciation compounds into $85,785 by year five. Five-year ROI records 145% and total cumulative return in cash reaches $149,252. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,438/mo property income versus a $1,520/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35504, Jasper, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,415 (100%) |
| Owner Occupied HU | 4,453 (69.4%) |
| Renter Occupied HU | 1,189 (18.5%) |
| Vacant Housing Units | 773 (12.0%) |
| Median Home Value | $214,984 |
| Average Home Value | $265,241 |
Housing Distribution
Address Breakdown
Residential
6,416
Single Family
6,207
Multi-Family
209
Businesses
168
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