23363 State Highway 9, Goodwater, AL, 35072 | $404/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

23363 State Highway 9, Goodwater, AL, 35072 | $404/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1500 sft

2697 County Road 67, Equality, AL, 36026

5 Bed
3 Bath
2975 sft

16936 Us Highway 231, Rockford, AL, 35136

3 Bed
2 Bath
2041 sft

44 Coosa County Road 7, Goodwater, AL, 35072

Airbnb Potential+ 2 more

3 Bed
2 Bath
1400 sft

8835 Coosa County Road 56, Weogufka, AL, 35183

Nearby investment properties with comparable prices

5 Bed
3 Bath
2975 sft

16936 Us Highway 231, Rockford, AL, 35136

3 Bed
3 Bath
1344 sft

963 County Road 63, Alexander City, AL, 35010

3 Bed
3 Bath
1344 sft

963 Coosa County Road 63, Alexander City, AL, 35010

4 Bed
3 Bath
2567 sft

47 Baytree St, Goodwater, AL, 35072

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Goodwater at 23363 State Highway 9, Goodwater, AL, 35072 uses $74,554 cash to close to unlock $4,852/yr annual cash flow and $404/mo monthly cash flow. Total monthly income runs $1,674/mo, and a $1,101/mo payment keeps the spread at $404/mo. Purchase price stands at $224,900, and rental yield measures 8.93% with $1,674/mo rent. Return on cash invested shows 26.42% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 137.07% and total cumulative return in cash records $102,193. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,674/mo property income covering a $1,101/mo payment rather than investor’s personal income.

Single Family

Built in 1956

1.92 Acres lot

$N/A/sqft

No HOA

More details about the property

Rural living at its finest. This 1478 sq. ft home has been completely remodeled, updated and renovated and is in move in condition. It has a new roof and exterior and interior painting. There is a new kitchen with new cabinets, granite countertops and new appliances. The baths are all new also. The new flooring is quality LVP and all of the light fixtures and ceiling fans are new. The HVAC system is new. A rare find!! Also there is a large front porch for relaxing or lounging away the evenings. This home will not last long so call the Agent and schedule your private showing. This is a FANNIE MAE HomePath property. The Seller has directed that all offers on the property be made using the HomePath Online Offers System at www.homepath.com

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