60 Clairmont DrCowartsAL36321
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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 Cowarts at 60 Clairmont Dr, Cowarts, AL, 36321 earns $397/mo cash flow from $1,300/mo rent with a $783/mo payment. Total monthly income totals $1,300/mo, and annual cash flow totals $4,764/yr on $53,040 capital. ROI tracks 28.89% on current figures, and rental yield reads 9.75% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 150.3% and total cumulative return in cash sums $79,718. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,300/mo property income instead of your personal income.
Single Family
Built in 1967
1 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: Crystal Dukes • Keller Williams Southeast Alabama
Mls Name: SAMLS
Mls ID: #204649
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.