106 Plantation DrCottonwoodAL36320
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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
Rental property for sale in Cottonwood at 106 Plantation Dr, Cottonwood, AL, 36320 priced at $199,500 converts $1,633/mo rent into $507/mo cash flow after a $976/mo obligation. Total monthly income equals $1,633/mo, and annual cash flow totals $6,088/yr on $66,134 invested. Return on cash invested prints 29.12% in year one, and rental yield reads 9.82% against a $199,500 entry. Equity gained on principal adds $1,287/yr, while 5% annual appreciation compiles into $55,118 by year five. Five-year ROI reaches 151.54% and total cumulative return in cash sums $100,219. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,633/mo property income covering a $976/mo payment, not borrower’s personal income.
Single Family
Built in 1971
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36320, Cottonwood, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,867 (100%) |
| Owner Occupied HU | 1,302 (69.7%) |
| Renter Occupied HU | 367 (19.7%) |
| Vacant Housing Units | 198 (10.6%) |
| Median Home Value | $180,488 |
| Average Home Value | $213,005 |
Housing Distribution
Address Breakdown
Residential
1,495
Single Family
1,495
Multi-Family
0
Businesses
66
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Listed by: Donny Gillilan • Gillilan Properties
Mls Name: SAMLS
Mls ID: #199676
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.