124 Lotta River DrCordovaAL35550
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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 Cordova at 124 Lotta River Dr, Cordova, AL, 35550 offers a 4.67% rental yield on a $494,999 purchase with $1,925/mo rent. 55% in year one. Equity gained on principal adds $3,194/yr while 5% annual appreciation supports $136,759 over five years. Portfolio math shows five-year ROI at 68.03% and total cumulative return in cash at $111,634. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,925/mo property income against a $2,423/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35550, Cordova, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,423 (100%) |
| Owner Occupied HU | 1,565 (64.6%) |
| Renter Occupied HU | 554 (22.9%) |
| Vacant Housing Units | 304 (12.5%) |
| Median Home Value | $118,269 |
| Average Home Value | $153,997 |
Housing Distribution
Address Breakdown
Residential
2,237
Single Family
2,132
Multi-Family
105
Businesses
80
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Listed by: Kenneth H (John) Nix • Joseph Carter Realty-Coastal
Mls Name: Walker County Area MLS
Mls ID: #25-99
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. Copyright 2025 Walker County Area MLS, All rights reserved.