9041 E Highway 278GadsdenAL35903
INVESTMENT ANALYSIS
Investment Verdict
Solid Income9041 E Highway 278, Gadsden, AL, 35903 in Gadsden is a solid income-producing rental, 9.35% gross yield, $1,096/mo rent, $311/mo net cash flow on a $144,900 buy. DSCR 1.68 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $40,033 and $1,335/yr in principal reduction project a total cumulative return of $72,505.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 8.0% |
| Monthly Cash Flow | $311 | $1,200 |
City averages based on Gadsden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,096 |
| Total Monthly Debt Service | $760 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35903, Gadsden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,423 (100%) |
| Owner Occupied HU | 4,732 (56.2%) |
| Renter Occupied HU | 2,592 (30.8%) |
| Vacant Housing Units | 1,099 (13.0%) |
| Median Home Value | $185,769 |
| Average Home Value | $224,647 |
Housing Distribution
Address Breakdown
Residential
7,867
Single Family
7,466
Multi-Family
401
Businesses
611
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
Single Family
Built in 1940
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35903, Gadsden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,423 (100%) |
| Owner Occupied HU | 4,732 (56.2%) |
| Renter Occupied HU | 2,592 (30.8%) |
| Vacant Housing Units | 1,099 (13.0%) |
| Median Home Value | $185,769 |
| Average Home Value | $224,647 |
Housing Distribution
Address Breakdown
Residential
7,867
Single Family
7,466
Multi-Family
401
Businesses
611
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Caudell • South Towne Realtors, LLC
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21886171
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