607 Court RdWinfieldAL35594
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Winfield at 607 Court Rd, Winfield, AL, 35594 offers $1,787/mo rent that, after a $930/mo payment, leaves $715/mo cash flow. Total monthly income is $1,787/mo, and annual cash flow is $8,574/yr on $62,985 cash. Return on cash invested measures 33.52% in year one, and rental yield stands at 11.29% at a $190,000 entry. Equity gained on principal adds $1,226/yr while 5% annual appreciation compounds into $52,494 by year five. Five-year ROI records 175.17% and total cumulative return in cash reaches $110,328. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,787/mo property income versus a $930/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35594, Winfield, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,527 (100%) |
| Owner Occupied HU | 2,244 (63.6%) |
| Renter Occupied HU | 864 (24.5%) |
| Vacant Housing Units | 419 (11.9%) |
| Median Home Value | $162,189 |
| Average Home Value | $202,686 |
Housing Distribution
Address Breakdown
Residential
3,282
Single Family
3,113
Multi-Family
169
Businesses
340
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