372 Nobles 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
Investment property for sale in Cottonwood at 372 Nobles Rd, Cottonwood, AL, 36320 uses $62,985 cash to close to unlock $6,210/yr annual cash flow and $518/mo monthly cash flow. Total monthly income runs $1,590/mo, and a $930/mo payment keeps the spread at $518/mo. Purchase price stands at $190,000, and rental yield measures 10.04% with $1,590/mo rent. Return on cash invested shows 29.77% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 155.05% and total cumulative return in cash records $97,656. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,590/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1972
1 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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