916 Riverview DrEast GadsdenAL35903
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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 East Gadsden at 916 Riverview Dr, East Gadsden, AL, 35903 earns $456/mo cash flow from $1,300/mo rent with a $693/mo payment. Total monthly income totals $1,300/mo, and annual cash flow totals $5,469/yr on $46,940 capital. ROI tracks 31.56% on current figures, and rental yield reads 11.02% at a $141,600 purchase. Equity gained on principal adds $914/yr, and 5% annual appreciation supports $39,121 over five years. Five-year ROI reaches 165.06% and total cumulative return in cash sums $77,481. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,300/mo property income instead of your personal income.
Single Family
Built in 1946
0.86 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
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