670 N Broad StCowartsAL36321
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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 670 N Broad St, Cowarts, AL, 36321 earns $395/mo cash flow from $2,003/mo rent with a $1,394/mo payment. Total monthly income totals $2,003/mo, and annual cash flow totals $4,744/yr on $94,444 capital. ROI tracks 24.93% on current figures, and rental yield reads 8.44% at a $284,900 purchase. Equity gained on principal adds $1,838/yr, and 5% annual appreciation supports $78,713 over five years. Five-year ROI reaches 129.09% and total cumulative return in cash sums $121,919. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,003/mo property income instead of your personal income.
Single Family
Built in 2023
0.34 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: DWAYNE BOWMAN • WEICHERT REALTORS JBR LEGACY GROUP
Mls Name: Wiregrass BOR
Mls ID: #553759
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.