44 Coosa County Road 7GoodwaterAL35072
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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 Goodwater at 44 Coosa County Road 7, Goodwater, AL, 35072 uses $62,985 cash to close to unlock $5,250/yr annual cash flow and $438/mo monthly cash flow. Total monthly income runs $1,510/mo, and a $930/mo payment keeps the spread at $438/mo. Purchase price stands at $190,000, and rental yield measures 9.54% with $1,510/mo rent. Return on cash invested shows 28.24% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 146.87% and total cumulative return in cash records $92,508. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,510/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1965
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35072, Goodwater, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,346 (100%) |
| Owner Occupied HU | 1,458 (62.1%) |
| Renter Occupied HU | 501 (21.4%) |
| Vacant Housing Units | 387 (16.5%) |
| Median Home Value | $116,908 |
| Average Home Value | $180,019 |
Housing Distribution
Address Breakdown
Residential
1,738
Single Family
1,738
Multi-Family
0
Businesses
69
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Listed by: Morgan Munn • ERA King Real Estate Pell City
Mls Name: GALMLS
Mls Provider:
Mls ID: #21395634
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.