660 Jester StCowartsAL36321
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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
Investment property for sale in Cowarts at 660 Jester St, Cowarts, AL, 36321 with 5% annual appreciation on a $209,999 basis while $1,668/mo rent supports operations. Total monthly income totals $1,668/mo and a $1,028/mo payment preserves $483/mo for cash returns. Annual cash flow comes to $5,790/yr on $69,615 deployed, and return on cash invested reaches 28.23% in year one. Equity gained on principal adds $1,355/yr, and five-year appreciation sums $58,019 alongside rental yield of 9.53%. Five-year ROI measures 146.75% and total cumulative return in cash totals $102,159.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,668/mo property income versus a $1,028/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2008
0.25 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: Brooke Walker • Lan Darty Real Estate & Development
Mls Name: SAMLS
Mls ID: #202743
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.