1020 Chesson Hill DrFitzpatrickAL36029
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 1020 Chesson Hill Dr, Fitzpatrick, AL, 36029 in Fitzpatrick fits: $595,000, 4.9% gross yield, and a projected 5% annual appreciation rate adding $164,388 in value within five years. Rental yield 4.9%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.91) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $5,480/yr in principal paydown and $164,388 in appreciation project a total return of $164,554.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.9% | 8.5% |
| Monthly Cash Flow | $(960) | $350 |
City averages based on Fitzpatrick market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,431 |
| Total Monthly Debt Service | $3,122 |
| DSCR Ratio | 0.78x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
6.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36029, Fitzpatrick, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 378 (100%) |
| Owner Occupied HU | 309 (81.7%) |
| Renter Occupied HU | 49 (13.0%) |
| Vacant Housing Units | 20 ( 5.3%) |
| Median Home Value | $135,547 |
| Average Home Value | $182,112 |
Housing Distribution
Address Breakdown
Residential
445
Single Family
445
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2024
6.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36029, Fitzpatrick, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 378 (100%) |
| Owner Occupied HU | 309 (81.7%) |
| Renter Occupied HU | 49 (13.0%) |
| Vacant Housing Units | 20 ( 5.3%) |
| Median Home Value | $135,547 |
| Average Home Value | $182,112 |
Housing Distribution
Address Breakdown
Residential
445
Single Family
445
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MAAR
Mls ID: #582231