112 Cannondale CirCowartsAL36321
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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 Cowarts at 112 Cannondale Cir, Cowarts, AL, 36321 uses $94,444 cash to close to unlock $844/yr annual cash flow and $70/mo monthly cash flow. Total monthly income runs $1,678/mo, and a $1,394/mo payment keeps the spread at $70/mo. Purchase price stands at $284,900, and rental yield measures 7.07% with $1,678/mo rent. Return on cash invested shows 20.8% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 106.96% and total cumulative return in cash records $101,015. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,678/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Single Family
Built in 2008
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36321, Cowarts, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 820 (100%) |
| Owner Occupied HU | 564 (68.8%) |
| Renter Occupied HU | 181 (22.1%) |
| Vacant Housing Units | 75 ( 9.1%) |
| Median Home Value | $189,904 |
| Average Home Value | $224,521 |
Housing Distribution
Address Breakdown
Residential
760
Single Family
760
Multi-Family
0
Businesses
45
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