991 1st Ave WGordoAL35466
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
Investment Highlights
Investment property for sale in Gordo at 991 1st Ave W, Gordo, AL, 35466 listed at $314,900 pairs $1,481/mo rent with a $1,541/mo payment. Total monthly income runs $1,481/mo. Return on cash invested measures 16.5% in year one, and rental yield registers 5.64% at a $314,900 basis. Equity gained on principal adds $2,032/yr, and annual property appreciation at 5% supports $87,001 by year five. Five-year ROI tracks 83.86% and total cumulative return in cash totals $87,538. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,481/mo property income relative to a $1,541/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35466, Gordo, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,553 (100%) |
| Owner Occupied HU | 1,752 (68.6%) |
| Renter Occupied HU | 537 (21.0%) |
| Vacant Housing Units | 264 (10.3%) |
| Median Home Value | $154,610 |
| Average Home Value | $194,446 |
Housing Distribution
Address Breakdown
Residential
2,336
Single Family
2,310
Multi-Family
26
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alice Maxwell • Keller Williams Tuscaloosa
Mls Name: WAMLS
Mls Provider:
Mls ID: #168316
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.