412 Pinewood AveGlencoeAL35905
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
Investment property for sale in Glencoe at 412 Pinewood Ave, Glencoe, AL, 35905 earns $1,259/mo cash flow from $2,682/mo rent with a $1,234/mo payment. Total monthly income totals $2,682/mo, and annual cash flow totals $15,106/yr on $83,604 capital. ROI tracks 37.98% on current figures, and rental yield reads 12.76% at a $252,200 purchase. Equity gained on principal adds $1,627/yr, and 5% annual appreciation supports $69,678 over five years. Five-year ROI reaches 199.03% and total cumulative return in cash sums $166,397. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,682/mo property income instead of your personal income.
Single Family
Built in 1973
0.48 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices