635 Cornelia CirGadsdenAL35901
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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 Gadsden at 635 Cornelia Cir, Gadsden, AL, 35901 uses $39,449 cash to close to unlock $2,733/yr annual cash flow and $228/mo monthly cash flow. Total monthly income runs $899/mo, and a $582/mo payment keeps the spread at $228/mo. Purchase price stands at $119,000, and rental yield measures 9.07% with $899/mo rent. Return on cash invested shows 26.84% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 139.3% and total cumulative return in cash records $54,953. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $899/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35901, Gadsden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,155 (100%) |
| Owner Occupied HU | 4,980 (54.4%) |
| Renter Occupied HU | 2,801 (30.6%) |
| Vacant Housing Units | 1,374 (15.0%) |
| Median Home Value | $220,750 |
| Average Home Value | $250,773 |
Housing Distribution
Address Breakdown
Residential
8,585
Single Family
7,914
Multi-Family
671
Businesses
1,141
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