7033 County Road 818LoganAL35098
Nearby investment properties with comparable rents
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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 Logan at 7033 County Road 818, Logan, AL, 35098 offers a 9.41% rental yield on a $129,900 purchase with $1,019/mo rent. Total monthly income registers $1,019/mo, and a $636/mo payment leaves $286/mo available for distribution. Annual cash flow reaches $3,427/yr on $43,062 to close, and return on cash invested stands at 27.87% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 144.87% and total cumulative return in cash at $62,383. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,019/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35098, Logan, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 709 (100%) |
| Owner Occupied HU | 460 (64.9%) |
| Renter Occupied HU | 105 (14.8%) |
| Vacant Housing Units | 144 (20.3%) |
| Median Home Value | $219,643 |
| Average Home Value | $269,408 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
676
Multi-Family
0
Businesses
14
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