817 Downs AveGardendaleAL35071
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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 Gardendale at 817 Downs Ave, Gardendale, AL, 35071 earns $427/mo cash flow from $1,860/mo rent with a $1,238/mo payment. Total monthly income totals $1,860/mo, and annual cash flow totals $5,130/yr on $83,836 capital. ROI tracks 26.03% on current figures, and rental yield reads 8.83% at a $252,900 purchase. Equity gained on principal adds $1,632/yr, and 5% annual appreciation supports $69,872 over five years. Five-year ROI reaches 134.97% and total cumulative return in cash sums $113,156. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,860/mo property income instead of your personal income.
Single Family
Built in 1958
0.90 Acres 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
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Listed by: Kay Zarzour • ERA King Real Estate - Birmingham
Mls Name: GALMLS
Mls Provider:
Mls ID: #21431462
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.