1509 Old Kirkpatrick RdCordovaAL35550
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1509 Old Kirkpatrick Rd, Cordova, AL, 35550 in Cordova. Priced at $194,900, it generates $3,175/mo in gross rent and $2,075/mo in net monthly cash flow, a 19.55% yield that comfortably supports the 3.62 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $24,901. Five-year appreciation: $53,847. Equity from principal paydown: $1,795/yr. Total projected cumulative return: $206,980.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 19.6% | 6.2% |
| Monthly Cash Flow | $2,075 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,175 |
| Total Monthly Debt Service | $1,023 |
| DSCR Ratio | 3.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1975
2.30 Acres 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
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
Single Family
Built in 1975
2.30 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices