5101 Summit CtGardendaleAL35071
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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 Gardendale at 5101 Summit Ct, Gardendale, AL, 35071 with 5% annual appreciation on a $242,000 basis while $1,981/mo rent supports operations. Total monthly income totals $1,981/mo and a $1,184/mo payment preserves $616/mo for cash returns. Annual cash flow comes to $7,386/yr on $80,223 deployed, and return on cash invested reaches 29.12% in year one. Equity gained on principal adds $1,562/yr, and five-year appreciation sums $66,860 alongside rental yield of 9.82%. Five-year ROI measures 151.51% and total cumulative return in cash totals $121,542.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,981/mo property income versus a $1,184/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35071, Gardendale, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,328 (100%) |
| Owner Occupied HU | 5,434 (74.2%) |
| Renter Occupied HU | 1,483 (20.2%) |
| Vacant Housing Units | 411 ( 5.6%) |
| Median Home Value | $305,155 |
| Average Home Value | $350,290 |
Housing Distribution
Address Breakdown
Residential
7,444
Single Family
6,835
Multi-Family
609
Businesses
673
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Listed by: Kathy Caufield • RealtySouth-Northern Office
Mls Name: GALMLS
Mls Provider:
Mls ID: #21416272
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.