863 Cowarts Creek RdAshfordAL36312
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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 Ashford at 863 Cowarts Creek Rd, Ashford, AL, 36312 offers a 4.05% rental yield on a $649,900 purchase with $2,195/mo rent. 79% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,555 over five years. Portfolio math shows five-year ROI at 58.56% and total cumulative return in cash at $125,214. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,195/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
24.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36312, Ashford, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,977 (100%) |
| Owner Occupied HU | 2,019 (67.8%) |
| Renter Occupied HU | 690 (23.2%) |
| Vacant Housing Units | 268 ( 9.0%) |
| Median Home Value | $217,007 |
| Average Home Value | $245,414 |
Housing Distribution
Address Breakdown
Residential
2,682
Single Family
2,676
Multi-Family
6
Businesses
124
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