100 Reco RdChatomAL36518
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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
Rental property for sale in Chatom at 100 Reco Rd, Chatom, AL, 36518 priced at $335,000 converts $0/mo rent into after a $1,640/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -0.53% in year one, and rental yield reads 0% against a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,554 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,640/mo payment, not borrower’s personal income.
Single Family
Built in 2005
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36518, Chatom, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,089 (100%) |
| Owner Occupied HU | 728 (66.9%) |
| Renter Occupied HU | 215 (19.7%) |
| Vacant Housing Units | 146 (13.4%) |
| Median Home Value | $183,772 |
| Average Home Value | $211,803 |
Housing Distribution
Address Breakdown
Residential
680
Single Family
680
Multi-Family
0
Businesses
140
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices