765 2nd Ave NAshlandAL36251
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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
Rental property for sale in Ashland at 765 2nd Ave N, Ashland, AL, 36251 priced at $295,000 converts $1,555/mo rent into after a $1,444/mo obligation. Total monthly income equals $1,555/mo. Return on cash invested prints 18.56% in year one, and rental yield reads 6.33% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 94.87% and total cumulative return in cash sums $92,774. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,555/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Single Family
Built in 1951
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36251, Ashland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,668 (100%) |
| Owner Occupied HU | 1,643 (61.6%) |
| Renter Occupied HU | 586 (22.0%) |
| Vacant Housing Units | 439 (16.5%) |
| Median Home Value | $219,279 |
| Average Home Value | $253,869 |
Housing Distribution
Address Breakdown
Residential
2,105
Single Family
2,105
Multi-Family
0
Businesses
182
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Listed by: Billy Robertson • Hunter Bend Realty, LLC Lineville Branch
Mls Name: GALMLS
Mls Provider:
Mls ID: #21400981
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.