420 Redmayne RdGardendaleAL35071
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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 Gardendale at 420 Redmayne Rd, Gardendale, AL, 35071 with 5% annual appreciation on a $169,000 basis while $2,509/mo rent supports operations. Total monthly income totals $2,509/mo and a $827/mo payment preserves $1,555/mo for cash returns. Annual cash flow comes to $18,663/yr on $56,024 deployed, and return on cash invested reaches 53.22% in year one. Equity gained on principal adds $1,091/yr, and five-year appreciation sums $46,692 alongside rental yield of 17.82%. Five-year ROI measures 280.84% and total cumulative return in cash totals $157,339.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,509/mo property income versus a $827/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35071, Gardendale, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,328 (100%) |
| Owner Occupied HU | 5,434 (74.2%) |
| Renter Occupied HU | 1,483 (20.2%) |
| Vacant Housing Units | 411 ( 5.6%) |
| Median Home Value | $305,155 |
| Average Home Value | $350,290 |
Housing Distribution
Address Breakdown
Residential
7,444
Single Family
6,835
Multi-Family
609
Businesses
673
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Listed by: Rachel Broadhead • Kell Realty
Mls Name: GALMLS
Mls ID: #21436780