10 Chera Dr, Grant, AL, 35747 | $472/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Grant at 10 Chera Dr, Grant, AL, 35747 priced at $360,000 converts $2,504/mo rent into $472/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,504/mo, and annual cash flow totals $5,664/yr on $119,340 invested. Return on cash invested prints 24.66% in year one, and rental yield reads 8.35% against a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 127.56% and total cumulative return in cash sums $152,229. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,504/mo property income covering a $1,762/mo payment, not borrower’s personal income.

Single Family

Built in 1999

0.64 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 35747, Grant, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,950 (100%)
Owner Occupied HU	2,058 (69.8%)
Renter Occupied HU	463 (15.7%)
Vacant Housing Units	429 (14.5%)
Median Home Value	$289,329
Average Home Value	$335,220