Mimosa StGadsdenAL35903
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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 Gadsden at Mimosa St, Gadsden, AL, 35903 listed at $155,700 pairs $1,594/mo rent with a $762/mo payment to leave $715/mo cash flow. Total monthly income runs $1,594/mo, and annual cash flow reaches $8,583/yr on $51,615 cash to close. Return on cash invested measures 36.54% in year one, and rental yield registers 12.29% at a $155,700 basis. Equity gained on principal adds $1,005/yr, and annual property appreciation at 5% supports $43,017 by year five. Five-year ROI tracks 191.38% and total cumulative return in cash totals $98,780. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,594/mo property income relative to a $762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
2.85 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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