7188 County Road 150CourtlandAL35618
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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 Courtland at 7188 County Road 150, Courtland, AL, 35618 offers a 11.7% rental yield on a $190,000 purchase with $1,852/mo rent. Total monthly income registers $1,852/mo, and a $930/mo payment leaves $780/mo available for distribution. Annual cash flow reaches $9,354/yr on $62,985 to close, and return on cash invested stands at 34.76% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 181.8% and total cumulative return in cash at $114,504. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,852/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35618, Courtland, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 956 (100%) |
| Owner Occupied HU | 565 (59.1%) |
| Renter Occupied HU | 221 (23.1%) |
| Vacant Housing Units | 170 (17.8%) |
| Median Home Value | $115,434 |
| Average Home Value | $161,314 |
Housing Distribution
Address Breakdown
Residential
827
Single Family
803
Multi-Family
24
Businesses
84
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Listed by: Kyle Starnes • Keller Williams Realty Madison
Mls Name: Strategic MLS Alliance
Mls ID: #522011
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.