6796 Horse Creek BlvdCordovaAL35550
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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 Cordova at 6796 Horse Creek Blvd, Cordova, AL, 35550 uses $34,774 cash to close to unlock $2,416/yr annual cash flow and $201/mo monthly cash flow. Total monthly income runs $793/mo, and a $513/mo payment keeps the spread at $201/mo. Purchase price stands at $104,900, and rental yield measures 9.07% with $793/mo rent. Return on cash invested shows 26.86% in year one, and 5% annual appreciation builds toward $28,982 over five years. Five-year ROI reaches 139.47% and total cumulative return in cash records $48,498. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $793/mo property income covering a $513/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35550, Cordova, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,423 (100%) |
| Owner Occupied HU | 1,565 (64.6%) |
| Renter Occupied HU | 554 (22.9%) |
| Vacant Housing Units | 304 (12.5%) |
| Median Home Value | $118,269 |
| Average Home Value | $153,997 |
Housing Distribution
Address Breakdown
Residential
2,237
Single Family
2,132
Multi-Family
105
Businesses
80
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Listed by: Madrene Pardue • Five Star Real Estate, LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21407492
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.