2400 Buttermilk RdCottondaleAL35453
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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 2400 Buttermilk Rd, Cottondale, AL, 35453 uses $62,952 cash to close to unlock $4,447/yr annual cash flow and $371/mo monthly cash flow. Total monthly income runs $1,442/mo, and a $929/mo payment keeps the spread at $371/mo. Purchase price stands at $189,900, and rental yield measures 9.11% with $1,442/mo rent. Return on cash invested shows 26.97% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 140.04% and total cumulative return in cash records $88,157. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,442/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1935
8,058 sqft 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: Patrick Agee • PGA Realty, LLC
Mls Name: WAMLS
Mls ID: #172766