7670 E County Road 8 RdGordonAL36343
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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 Gordon at 7670 E County Road 8 Rd, Gordon, AL, 36343 generates $1,883/mo in rent and, after a $1,101/mo payment, leaves $561/mo in cash flow. Total monthly income is $1,883/mo, and annual cash flow is $6,731/yr on $74,588 invested. Return on cash invested sits at 28.93% in year one, and rental yield is 10.04% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 150.83% and total cumulative return in cash sums $112,497. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,883/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36343, Gordon, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 742 (100%) |
| Owner Occupied HU | 522 (70.4%) |
| Renter Occupied HU | 116 (15.6%) |
| Vacant Housing Units | 104 (14.0%) |
| Median Home Value | $161,111 |
| Average Home Value | $188,204 |
Housing Distribution
Address Breakdown
Residential
723
Single Family
723
Multi-Family
0
Businesses
29
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Listed by: Hannah Pendleton • 1st Class Real Estate Wiregrass
Mls Name: SAMLS
Mls ID: #201645
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.