432 Miles 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 432 Miles Ave, Glencoe, AL, 35905 earns $490/mo cash flow from $2,183/mo rent with a $1,468/mo payment. Total monthly income totals $2,183/mo, and annual cash flow totals $5,881/yr on $99,417 capital. ROI tracks 25.82% on current figures, and rental yield reads 8.73% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 133.88% and total cumulative return in cash sums $133,096. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,183/mo property income instead of your personal income.
Single Family
Built in 2000
0.57 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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