445 11th St SEGordoAL35466
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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 Gordo at 445 11th St SE, Gordo, AL, 35466 uses $77,869 cash to close to unlock $7,642/yr annual cash flow and $637/mo monthly cash flow. Total monthly income runs $1,963/mo, and a $1,150/mo payment keeps the spread at $637/mo. Purchase price stands at $234,900, and rental yield measures 10.03% with $1,963/mo rent. Return on cash invested shows 29.72% in year one, and 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 154.76% and total cumulative return in cash records $120,513. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,963/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 2004
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35466, Gordo, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,553 (100%) |
| Owner Occupied HU | 1,752 (68.6%) |
| Renter Occupied HU | 537 (21.0%) |
| Vacant Housing Units | 264 (10.3%) |
| Median Home Value | $154,610 |
| Average Home Value | $194,446 |
Housing Distribution
Address Breakdown
Residential
2,336
Single Family
2,310
Multi-Family
26
Businesses
115
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