1020 Rosa Parks StCourtlandAL35618
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1020 Rosa Parks St, Courtland, AL, 35618 in Courtland is a solid income-producing rental, 10.79% gross yield, $1,232/mo rent, $459/mo net cash flow on a $137,000 buy. DSCR 2.00 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $37,851 and $1,262/yr in principal reduction project a total cumulative return of $81,191.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 7.0% |
| Monthly Cash Flow | $459 | $200 |
City averages based on Courtland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,232 |
| Total Monthly Debt Service | $719 |
| DSCR Ratio | 1.71x |
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 1996
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35618, Courtland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 956 (100%) |
| Owner Occupied HU | 565 (59.1%) |
| Renter Occupied HU | 221 (23.1%) |
| Vacant Housing Units | 170 (17.8%) |
| Median Home Value | $115,434 |
| Average Home Value | $161,314 |
Housing Distribution
Address Breakdown
Residential
827
Single Family
803
Multi-Family
24
Businesses
84
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 1996
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35618, Courtland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 956 (100%) |
| Owner Occupied HU | 565 (59.1%) |
| Renter Occupied HU | 221 (23.1%) |
| Vacant Housing Units | 170 (17.8%) |
| Median Home Value | $115,434 |
| Average Home Value | $161,314 |
Housing Distribution
Address Breakdown
Residential
827
Single Family
803
Multi-Family
24
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices