1618 58th Ave ECottondaleAL35453
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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 Cottondale at 1618 58th Ave E, Cottondale, AL, 35453 listed at $159,900 pairs $1,504/mo rent with a $783/mo payment to leave $601/mo cash flow. Total monthly income runs $1,504/mo, and annual cash flow reaches $7,213/yr on $53,007 cash to close. Return on cash invested measures 33.52% in year one, and rental yield registers 11.29% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 175.21% and total cumulative return in cash totals $92,874. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,504/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35453, Cottondale, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,835 (100%) |
| Owner Occupied HU | 4,067 (69.7%) |
| Renter Occupied HU | 1,191 (20.4%) |
| Vacant Housing Units | 577 ( 9.9%) |
| Median Home Value | $255,621 |
| Average Home Value | $264,736 |
Housing Distribution
Address Breakdown
Residential
5,080
Single Family
5,070
Multi-Family
10
Businesses
266
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Listed by: Matthew Wright • RE/MAX PREMIERE GROUP
Mls Name: WAMLS
Mls Provider:
Mls ID: #169096
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.