507 6th AveAshfordAL36312
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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 Ashford at 507 6th Ave, Ashford, AL, 36312 with 5% annual appreciation on a $153,900 basis while $1,218/mo rent supports operations. Total monthly income totals $1,218/mo and a $753/mo payment preserves $350/mo for cash returns. Annual cash flow comes to $4,195/yr on $51,018 deployed, and return on cash invested reaches 28.13% in year one. Equity gained on principal adds $993/yr, and five-year appreciation sums $42,520 alongside rental yield of 9.5%. Five-year ROI measures 146.27% and total cumulative return in cash totals $74,622.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,218/mo property income versus a $753/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36312, Ashford, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,977 (100%) |
| Owner Occupied HU | 2,019 (67.8%) |
| Renter Occupied HU | 690 (23.2%) |
| Vacant Housing Units | 268 ( 9.0%) |
| Median Home Value | $217,007 |
| Average Home Value | $245,414 |
Housing Distribution
Address Breakdown
Residential
2,682
Single Family
2,676
Multi-Family
6
Businesses
124
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