21370 Highway 69CoffeevilleAL36524
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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 Coffeeville at 21370 Highway 69, Coffeeville, AL, 36524 uses $94,478 cash to close to unlock $5,823/yr annual cash flow and $485/mo monthly cash flow. Total monthly income runs $2,094/mo, and a $1,395/mo payment keeps the spread at $485/mo. Purchase price stands at $285,000, and rental yield measures 8.82% with $2,094/mo rent. Return on cash invested shows 26.07% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 135.21% and total cumulative return in cash records $127,746. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,094/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1999
3.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36524, Coffeeville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 702 (100%) |
| Owner Occupied HU | 374 (53.3%) |
| Renter Occupied HU | 94 (13.4%) |
| Vacant Housing Units | 234 (33.3%) |
| Median Home Value | $150,000 |
| Average Home Value | $142,747 |
Housing Distribution
Address Breakdown
Residential
519
Single Family
501
Multi-Family
18
Businesses
49
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Listed by: Julia Brooks • Village Properties
Mls Name: NY State MLS
Mls ID: #11491310