0 Fowl River Rd, Coden, AL 36523#
Coden, AL 36523 | Mobile County
Key Metrics#
| Metric | Value |
|---|
| Investment Score | 77/100 |
| Asking Price | $16,700 |
| Acreage | 5.4 acres |
| Price/Acre | $3,116/ac |
| County Median $/Ac | $33,521/ac |
| vs County Median | 9.3% |
| Days on Market | 62 |
| Flood Zone | Unknown |
| HOA | Unknown |
| Broker | Realty Executives Bay Group |
| Listing Type | FSBA |
Motivation Signals#
- Price dropped $3,300
- Reduction: $3,300 (Apr 1)
- Absentee owner
Offer Strategy#
| Level | Offer Price | % of Asking |
|---|
| Aggressive | $8,350 | 50% |
| Standard | $10,020 | 60% |
| Conservative | $11,690 | 70% |
Owner-Finance Projections#
Based on buying at $10,020 (standard offer), selling at 10% interest over 7 years
| Metric | Value |
|---|
| Sale Price (2.5x) | $25,050 |
| Down Payment (15%) | $3,757 |
| Financed Amount | $21,293 |
| Monthly Payment | $353 |
| Total Cash Received | $33,450 |
| Total Invested | $10,420 |
| Gross Profit | $23,030 |
| ROI | 221% |
Due Diligence Links#