12311 Boulet DrCodenAL36523
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
Investment Highlights
Investment property for sale in Coden at 12311 Boulet Dr, Coden, AL, 36523 earns $1,077/mo cash flow from $2,590/mo rent with a $1,312/mo payment. Total monthly income totals $2,590/mo, and annual cash flow totals $12,924/yr on $88,842 capital. ROI tracks 34.46% on current figures, and rental yield reads 11.6% at a $268,000 purchase. Equity gained on principal adds $1,729/yr, and 5% annual appreciation supports $74,043 over five years. Five-year ROI reaches 180.13% and total cumulative return in cash sums $160,029. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,590/mo property income instead of your personal income.
Single Family
Built in 2013
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36523, Coden, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,458 (100%) |
| Owner Occupied HU | 916 (62.8%) |
| Renter Occupied HU | 250 (17.1%) |
| Vacant Housing Units | 292 (20.0%) |
| Median Home Value | $291,216 |
| Average Home Value | $294,566 |
Housing Distribution
Address Breakdown
Residential
1,088
Single Family
1,088
Multi-Family
0
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alexus Hansen • Coldwell Banker Smith Homes
Mls Name: GCMLS
Mls Provider:
Mls ID: #7572280
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.