580 3rd St SWAshlandAL36251
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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 Ashland at 580 3rd St SW, Ashland, AL, 36251 uses $42,764 cash to close to unlock $3,099/yr annual cash flow and $258/mo monthly cash flow. Total monthly income runs $986/mo, and a $631/mo payment keeps the spread at $258/mo. Purchase price stands at $129,000, and rental yield measures 9.17% with $986/mo rent. Return on cash invested shows 27.16% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 141.07% and total cumulative return in cash records $60,325. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $986/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 1934
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36251, Ashland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,668 (100%) |
| Owner Occupied HU | 1,643 (61.6%) |
| Renter Occupied HU | 586 (22.0%) |
| Vacant Housing Units | 439 (16.5%) |
| Median Home Value | $219,279 |
| Average Home Value | $253,869 |
Housing Distribution
Address Breakdown
Residential
2,105
Single Family
2,105
Multi-Family
0
Businesses
182
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Listed by: Adam Harris • Southeastern Realty & Auction
Mls Name: GALMLS
Mls Provider:
Mls ID: #21429273
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.