601 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 601 6th Ave, Ashford, AL, 36312 uses $78,731 cash to close to unlock $6,658/yr annual cash flow and $555/mo monthly cash flow. Total monthly income runs $1,895/mo, and a $1,162/mo payment keeps the spread at $555/mo. Purchase price stands at $237,500, and rental yield measures 9.57% with $1,895/mo rent. Return on cash invested shows 28.37% in year one, and 5% annual appreciation builds toward $65,617 over five years. Five-year ROI reaches 147.48% and total cumulative return in cash records $116,109. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,895/mo property income covering a $1,162/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.45 Acres 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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