5307 Slasham RdSouthsideAL35907
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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 Southside at 5307 Slasham Rd, Southside, AL, 35907 uses $142,214 cash to close to unlock $603/yr annual cash flow and $50/mo monthly cash flow. Total monthly income runs $2,472/mo, and a $2,100/mo payment keeps the spread at $50/mo. Purchase price stands at $429,000, and rental yield measures 6.91% with $2,472/mo rent. Return on cash invested shows 20.33% in year one, and 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 104.43% and total cumulative return in cash records $148,513. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,472/mo property income covering a $2,100/mo payment rather than investor’s personal income.
Single Family
Built in 2022
1.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35907, Gadsden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,944 (100%) |
| Owner Occupied HU | 3,383 (85.8%) |
| Renter Occupied HU | 342 ( 8.7%) |
| Vacant Housing Units | 219 ( 5.6%) |
| Median Home Value | $237,574 |
| Average Home Value | $280,457 |
Housing Distribution
Address Breakdown
Residential
3,874
Single Family
3,874
Multi-Family
0
Businesses
110
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