708 Woods RdGardendaleAL35071
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gardendale at 708 Woods Rd, Gardendale, AL, 35071 at $160,500 posts ROI 26.71% with $302/mo cash flow from $1,208/mo rent. Total monthly income equals $1,208/mo, and annual cash flow records $3,619/yr on $53,206 to close. Return on cash invested measures 26.71% and rental yield reads 9.03% at the current $160,500. Equity gained on principal adds $1,036/yr, and 5% annual appreciation supports $44,343 by year five. Five-year ROI prints 138.62% and total cumulative return in cash totals $73,755.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,208/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35071, Gardendale, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,328 (100%) |
| Owner Occupied HU | 5,434 (74.2%) |
| Renter Occupied HU | 1,483 (20.2%) |
| Vacant Housing Units | 411 ( 5.6%) |
| Median Home Value | $305,155 |
| Average Home Value | $350,290 |
Housing Distribution
Address Breakdown
Residential
7,444
Single Family
6,835
Multi-Family
609
Businesses
673
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ginger Leigh Wise • All Four Real Estate, Inc.
Mls Name: Walker County Area MLS
Mls ID: #24-1416
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. Copyright 2024 Walker County Area MLS, All rights reserved.