24351 State Highway 33CourtlandAL35618
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Courtland at 24351 State Highway 33, Courtland, AL, 35618 earns from $1,310/mo rent with a $1,150/mo payment. Total monthly income totals $1,310/mo. ROI tracks 19.66% on current figures, and rental yield reads 6.69% at a $234,900 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 over five years. Five-year ROI reaches 100.78% and total cumulative return in cash sums $78,477. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,310/mo property income instead of your personal income.
Single Family
Built in 1959
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35618, Courtland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 956 (100%) |
| Owner Occupied HU | 565 (59.1%) |
| Renter Occupied HU | 221 (23.1%) |
| Vacant Housing Units | 170 (17.8%) |
| Median Home Value | $115,434 |
| Average Home Value | $161,314 |
Housing Distribution
Address Breakdown
Residential
827
Single Family
803
Multi-Family
24
Businesses
84
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Nearby investment properties with comparable prices
Listed by: Steve Thomas • North Alabama Real Estate, Inc
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21858878
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