879 Launch DrAshvilleAL35953
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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 Ashville at 879 Launch Dr, Ashville, AL, 35953 generates $2,728/mo in rent, after a $3,758/mo payment. Total monthly income is $2,728/mo. Return on cash invested sits at 12.43% in year one, and rental yield is 4.26% on a $767,810 entry. Equity gained on principal adds $4,955/yr, while 5% annual appreciation builds toward $212,132 over five years. Five-year ROI reaches 62% and total cumulative return in cash sums $156,617. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,728/mo property income rather than buyer’s personal income.
Single Family
Built in 1986
96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35953, Ashville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,630 (100%) |
| Owner Occupied HU | 2,691 (74.1%) |
| Renter Occupied HU | 533 (14.7%) |
| Vacant Housing Units | 406 (11.2%) |
| Median Home Value | $232,113 |
| Average Home Value | $257,219 |
Housing Distribution
Address Breakdown
Residential
2,989
Single Family
2,989
Multi-Family
0
Businesses
203
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