607 Joe Cook StCottonwoodAL36320
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 Cottonwood at 607 Joe Cook St, Cottonwood, AL, 36320 offers $1,320/mo rent that, after a $1,114/mo payment, leaves $36/mo cash flow. Total monthly income is $1,320/mo, and annual cash flow is $437/yr on $75,416 cash. Return on cash invested measures 20.49% in year one, and rental yield stands at 6.96% at a $227,500 entry. Equity gained on principal adds $1,468/yr while 5% annual appreciation compounds into $62,854 by year five. Five-year ROI records 105.27% and total cumulative return in cash reaches $79,394. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,320/mo property income versus a $1,114/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
9,583 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matt Martin • Big Creek Real Estate
Mls Name: SAMLS
Mls ID: #205955