499 5th StAshvilleAL35953
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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 Ashville at 499 5th St, Ashville, AL, 35953 offers a 14.17% rental yield on a $108,410 purchase with $1,280/mo rent. Total monthly income registers $1,280/mo, and a $531/mo payment leaves $668/mo available for distribution. Annual cash flow reaches $8,012/yr on $35,938 to close, and return on cash invested stands at 42.2% in year one. Equity gained on principal adds $700/yr while 5% annual appreciation supports $29,952 over five years. Portfolio math shows five-year ROI at 221.73% and total cumulative return in cash at $79,684. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,280/mo property income against a $531/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35953, Ashville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,630 (100%) |
| Owner Occupied HU | 2,691 (74.1%) |
| Renter Occupied HU | 533 (14.7%) |
| Vacant Housing Units | 406 (11.2%) |
| Median Home Value | $232,113 |
| Average Home Value | $257,219 |
Housing Distribution
Address Breakdown
Residential
2,989
Single Family
2,989
Multi-Family
0
Businesses
203
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