3535 D Hodge RdCottonwoodAL36320
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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 Cottonwood at 3535 D Hodge Rd, Cottonwood, AL, 36320 priced at $525,000 converts $1,320/mo rent into after a $2,570/mo obligation. Total monthly income equals $1,320/mo. Return on cash invested prints 8.64% in year one, and rental yield reads 3.02% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 41.68% and total cumulative return in cash sums $71,997. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,320/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Single Family
Built in 2022
8.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36320, Cottonwood, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,867 (100%) |
| Owner Occupied HU | 1,302 (69.7%) |
| Renter Occupied HU | 367 (19.7%) |
| Vacant Housing Units | 198 (10.6%) |
| Median Home Value | $180,488 |
| Average Home Value | $213,005 |
Housing Distribution
Address Breakdown
Residential
1,495
Single Family
1,495
Multi-Family
0
Businesses
66
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Listed by: Bridgett Hooks • Wiregrass Home Team
Mls Name: Wiregrass BOR
Mls ID: #553251
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.