579 Joe Cook StCottonwoodAL36320
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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 579 Joe Cook St, Cottonwood, AL, 36320 with 5% annual appreciation on a $179,000 basis while $1,583/mo rent supports operations. Total monthly income totals $1,583/mo and a $876/mo payment preserves $573/mo for cash returns. Annual cash flow comes to $6,873/yr on $59,339 deployed, and return on cash invested reaches 31.49% in year one. Equity gained on principal adds $1,155/yr, and five-year appreciation sums $49,454 alongside rental yield of 10.61%. Five-year ROI measures 164.26% and total cumulative return in cash totals $97,467.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,583/mo property income versus a $876/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
9,147 sqft 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: Team Heisler • HEISLER HOMES AND REALTY
Mls Name: SAMLS
Mls ID: #200365
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.