412 Paxton AveGlencoeAL35905
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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 Glencoe at 412 Paxton Ave, Glencoe, AL, 35905 with 5% annual appreciation on a $259,900 basis while $1,793/mo rent supports operations. Total monthly income totals $1,793/mo and a $1,272/mo payment preserves $326/mo for cash returns. Annual cash flow comes to $3,913/yr on $86,157 deployed, and return on cash invested reaches 24.45% in year one. Equity gained on principal adds $1,677/yr, and five-year appreciation sums $71,806 alongside rental yield of 8.28%. Five-year ROI measures 126.55% and total cumulative return in cash totals $109,030.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,793/mo property income versus a $1,272/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35905, Gadsden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,864 (100%) |
| Owner Occupied HU | 2,150 (75.1%) |
| Renter Occupied HU | 497 (17.4%) |
| Vacant Housing Units | 217 ( 7.6%) |
| Median Home Value | $233,504 |
| Average Home Value | $231,655 |
Housing Distribution
Address Breakdown
Residential
2,919
Single Family
2,919
Multi-Family
0
Businesses
180
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