607 Basswood DrAdamsvilleAL35005
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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 Adamsville at 607 Basswood Dr, Adamsville, AL, 35005 uses $53,007 cash to close to unlock $8,257/yr annual cash flow and $688/mo monthly cash flow. Total monthly income runs $1,591/mo, and a $783/mo payment keeps the spread at $688/mo. Purchase price stands at $159,900, and rental yield measures 11.94% with $1,591/mo rent. Return on cash invested shows 35.49% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 185.76% and total cumulative return in cash records $98,466. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,591/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35005, Adamsville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,379 (100%) |
| Owner Occupied HU | 2,203 (65.2%) |
| Renter Occupied HU | 744 (22.0%) |
| Vacant Housing Units | 432 (12.8%) |
| Median Home Value | $164,914 |
| Average Home Value | $237,321 |
Housing Distribution
Address Breakdown
Residential
3,187
Single Family
3,187
Multi-Family
0
Businesses
153
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Listed by: Ben Davis • Spartan Realty LLC
Mls Name: GALMLS
Mls ID: #21425170