714 E Riverview DrGlencoeAL35905
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
Rental property for sale in Glencoe at 714 E Riverview Dr, Glencoe, AL, 35905 priced at $305,000 pairs $2,333/mo rent with $610/mo cash flow after a $1,493/mo payment. Total monthly income equals $2,333/mo, and annual cash flow comes to $7,323/yr on $101,108 invested. Return on cash invested is 27.15% in year one, and rental yield stands at 9.18% on a $305,000 basis. Equity gained on principal adds $1,968/yr, and 5% annual appreciation accumulates to $84,266 by year five. Five-year ROI measures 141.01% and total cumulative return in cash reaches $142,570. For financing, Ziffy Mortgage’s DSCR program evaluates $2,333/mo property income against a $1,493/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35905, Gadsden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,864 (100%) |
| Owner Occupied HU | 2,150 (75.1%) |
| Renter Occupied HU | 497 (17.4%) |
| Vacant Housing Units | 217 ( 7.6%) |
| Median Home Value | $233,504 |
| Average Home Value | $231,655 |
Housing Distribution
Address Breakdown
Residential
2,919
Single Family
2,919
Multi-Family
0
Businesses
180
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Nearby investment properties with comparable prices
Listed by: Pam Jackson • Impact Realty, LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21888245
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