828 Cotaco Florette RdSomervilleAL35670
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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 Somerville at 828 Cotaco Florette Rd, Somerville, AL, 35670 offers a 9.29% rental yield on a $165,000 purchase with $1,277/mo rent. Total monthly income registers $1,277/mo, and a $808/mo payment leaves $345/mo available for distribution. Annual cash flow reaches $4,143/yr on $54,698 to close, and return on cash invested stands at 27.48% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 142.82% and total cumulative return in cash at $78,119. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,277/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35670, Somerville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,599 (100%) |
| Owner Occupied HU | 2,718 (75.5%) |
| Renter Occupied HU | 532 (14.8%) |
| Vacant Housing Units | 349 ( 9.7%) |
| Median Home Value | $260,526 |
| Average Home Value | $262,934 |
Housing Distribution
Address Breakdown
Residential
3,357
Single Family
3,357
Multi-Family
0
Businesses
141
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Listed by: Angela Jarvis • Matlock Realty Group, LLC
Mls Name: ValleyMLS
Mls ID: #21904469