2642 College St, Courtland, AL, 35618 | 5.29% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Courtland at 2642 College St, Courtland, AL, 35618 generates $2,117/mo in rent, after a $2,349/mo payment. Total monthly income is $2,117/mo. Return on cash invested sits at 15.44% in year one, and rental yield is 5.29% on a $479,900 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,588 over five years. Five-year ROI reaches 78.2% and total cumulative return in cash sums $124,413. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,117/mo property income rather than buyer’s personal income.

Single Family

Built in 1994

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