2495 Jordan AveCowartsAL36321
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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
Rental property for sale in Cowarts at 2495 Jordan Ave, Cowarts, AL, 36321 generates $1,821/mo in rent and, after a $1,272/mo payment, leaves $354/mo in cash flow. Total monthly income is $1,821/mo, and annual cash flow is $4,249/yr on $86,157 invested. Return on cash invested sits at 24.84% in year one, and rental yield is 8.41% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 128.64% and total cumulative return in cash sums $110,830. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,821/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36321, Cowarts, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 820 (100%) |
| Owner Occupied HU | 564 (68.8%) |
| Renter Occupied HU | 181 (22.1%) |
| Vacant Housing Units | 75 ( 9.1%) |
| Median Home Value | $189,904 |
| Average Home Value | $224,521 |
Housing Distribution
Address Breakdown
Residential
760
Single Family
760
Multi-Family
0
Businesses
45
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Listed by: Carrie Blankenship • WEICHERT REALTORS JBR LEGACY GROUP
Mls Name: WBOR
Mls ID: #552314
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.