334 Crimson RdCowartsAL36321
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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 334 Crimson Rd, Cowarts, AL, 36321 priced at $310,000 pairs $2,156/mo rent with $407/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,156/mo, and annual cash flow comes to $4,878/yr on $102,765 invested. Return on cash invested is 24.66% in year one, and rental yield stands at 8.35% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 127.59% and total cumulative return in cash reaches $131,119. For financing, Ziffy Mortgage’s DSCR program evaluates $2,156/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
2.45 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: Kelly Ford • EXP Realty LLC
Mls Name: SAMLS
Mls ID: #205776
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.