10802 Middle Coaling RdCoalingAL35453
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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 Coaling at 10802 Middle Coaling Rd, Coaling, AL, 35453 uses $69,582 cash to close to unlock $4,699/yr annual cash flow and $392/mo monthly cash flow. Total monthly income runs $1,576/mo, and a $1,027/mo payment keeps the spread at $392/mo. Purchase price stands at $209,900, and rental yield measures 9.01% with $1,576/mo rent. Return on cash invested shows 26.66% in year one, and 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 138.34% and total cumulative return in cash records $96,260. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,576/mo property income covering a $1,027/mo payment rather than investor’s personal income.
Single Family
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35453, Cottondale, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,835 (100%) |
| Owner Occupied HU | 4,067 (69.7%) |
| Renter Occupied HU | 1,191 (20.4%) |
| Vacant Housing Units | 577 ( 9.9%) |
| Median Home Value | $255,621 |
| Average Home Value | $264,736 |
Housing Distribution
Address Breakdown
Residential
5,080
Single Family
5,070
Multi-Family
10
Businesses
266
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Listed by: Danita Mims • Corder Real Estate
Mls Name: WAMLS
Mls Provider:
Mls ID: #168437
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.