15872 Heron Bay Loop Rd ECodenAL36523
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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 Coden at 15872 Heron Bay Loop Rd E, Coden, AL, 36523 earns $1,436/mo cash flow from $2,000/mo rent with a $489/mo payment. Total monthly income totals $2,000/mo, and annual cash flow totals $17,232/yr on $33,150 capital. ROI tracks 71.89% on current figures, and rental yield reads 24% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 380.83% and total cumulative return in cash sums $126,244. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,000/mo property income instead of your personal income.
Single Family
Built in 1946
0.39 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
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