1030 Highway 69ChelseaAL35043
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
Investment Highlights
Investment property for sale in Chelsea at 1030 Highway 69, Chelsea, AL, 35043 offers a 7.29% rental yield on a $450,800 purchase with $2,737/mo rent. Total monthly income registers $2,737/mo, and a $2,206/mo payment leaves $193/mo available for distribution. Annual cash flow reaches $2,315/yr on $149,440 to close, and return on cash invested stands at 21.46% in year one. Equity gained on principal adds $2,909/yr while 5% annual appreciation supports $124,548 over five years. Portfolio math shows five-year ROI at 110.43% and total cumulative return in cash at $165,029. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,737/mo property income against a $2,206/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35043, Chelsea, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,419 (100%) |
| Owner Occupied HU | 4,842 (89.4%) |
| Renter Occupied HU | 424 ( 7.8%) |
| Vacant Housing Units | 153 ( 2.8%) |
| Median Home Value | $382,884 |
| Average Home Value | $433,704 |
Housing Distribution
Address Breakdown
Residential
5,713
Single Family
5,713
Multi-Family
0
Businesses
387
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