260 Kennedy AveCoosadaAL36020
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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 Coosada at 260 Kennedy Ave, Coosada, AL, 36020 uses $131,108 cash to close to unlock $8,105/yr annual cash flow and $675/mo monthly cash flow. Total monthly income runs $2,908/mo, and a $1,936/mo payment keeps the spread at $675/mo. Purchase price stands at $395,500, and rental yield measures 8.82% with $2,908/mo rent. Return on cash invested shows 26.09% in year one, and 5% annual appreciation builds toward $109,269 over five years. Five-year ROI reaches 135.29% and total cumulative return in cash records $177,379. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,908/mo property income covering a $1,936/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36020, Coosada, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 544 (100%) |
| Owner Occupied HU | 380 (69.9%) |
| Renter Occupied HU | 118 (21.7%) |
| Vacant Housing Units | 46 ( 8.5%) |
| Median Home Value | $178,409 |
| Average Home Value | $191,664 |
Housing Distribution
Address Breakdown
Residential
473
Single Family
473
Multi-Family
0
Businesses
18
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