430 Gibbs LnCherokeeAL35616
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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 Cherokee at 430 Gibbs Ln, Cherokee, AL, 35616 with 5% annual appreciation on a $139,900 basis while $1,226/mo rent supports operations. Total monthly income totals $1,226/mo and a $685/mo payment preserves $436/mo for cash returns. Annual cash flow comes to $5,233/yr on $46,377 deployed, and return on cash invested reaches 31.19% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,652 alongside rental yield of 10.52%. Five-year ROI measures 162.73% and total cumulative return in cash totals $75,471.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,226/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35616, Cherokee, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,351 (100%) |
| Owner Occupied HU | 1,413 (60.1%) |
| Renter Occupied HU | 378 (16.1%) |
| Vacant Housing Units | 560 (23.8%) |
| Median Home Value | $139,015 |
| Average Home Value | $211,175 |
Housing Distribution
Address Breakdown
Residential
1,933
Single Family
1,933
Multi-Family
0
Businesses
98
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Listed by: Sonia Milam • Modern Market Real Estate
Mls Name: Strategic MLS Alliance
Mls ID: #523088
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.