1836 County Road 91GoodwaterAL35072
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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 Goodwater at 1836 County Road 91, Goodwater, AL, 35072 listed at $192,000 pairs $1,538/mo rent with a $940/mo payment to leave $454/mo cash flow. Total monthly income runs $1,538/mo, and annual cash flow reaches $5,448/yr on $63,648 cash to close. Return on cash invested measures 28.47% in year one, and rental yield registers 9.61% at a $192,000 basis. Equity gained on principal adds $1,239/yr, and annual property appreciation at 5% supports $53,046 by year five. Five-year ROI tracks 148.03% and total cumulative return in cash totals $94,216. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,538/mo property income relative to a $940/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2022
2.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35072, Goodwater, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,346 (100%) |
| Owner Occupied HU | 1,458 (62.1%) |
| Renter Occupied HU | 501 (21.4%) |
| Vacant Housing Units | 387 (16.5%) |
| Median Home Value | $116,908 |
| Average Home Value | $180,019 |
Housing Distribution
Address Breakdown
Residential
1,738
Single Family
1,738
Multi-Family
0
Businesses
69
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Listed by: Bonny Wilson • East Dale Realty, Inc
Mls Name: LMMLS
Mls Provider:
Mls ID: #25-64
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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.