7801 Hargrove Rd ECottondaleAL35453
Nearby investment properties with comparable rents
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 Cottondale at 7801 Hargrove Rd E, Cottondale, AL, 35453 earns $304/mo cash flow from $1,884/mo rent with a $1,370/mo payment. Total monthly income totals $1,884/mo, and annual cash flow totals $3,649/yr on $92,787 capital. ROI tracks 23.84% on current figures, and rental yield reads 8.08% at a $279,900 purchase. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 over five years. Five-year ROI reaches 123.26% and total cumulative return in cash sums $114,373. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,884/mo property income instead of your personal income.
Single Family
Built in 1950
3.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35453, Cottondale, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,835 (100%) |
| Owner Occupied HU | 4,067 (69.7%) |
| Renter Occupied HU | 1,191 (20.4%) |
| Vacant Housing Units | 577 ( 9.9%) |
| Median Home Value | $255,621 |
| Average Home Value | $264,736 |
Housing Distribution
Address Breakdown
Residential
5,080
Single Family
5,070
Multi-Family
10
Businesses
266
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Listed by: Doug Johnson • RE/MAX PREMIERE GROUP
Mls Name: WAMLS
Mls ID: #172307