108 Chesser LnChelseaAL35043
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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
Investment property for sale in Chelsea at 108 Chesser Ln, Chelsea, AL, 35043 uses $94,478 cash to close to unlock $3,443/yr annual cash flow and $287/mo monthly cash flow. Total monthly income runs $1,929/mo, and a $1,395/mo payment keeps the spread at $287/mo. Purchase price stands at $285,000, and rental yield measures 8.12% with $1,929/mo rent. Return on cash invested shows 23.55% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 121.83% and total cumulative return in cash records $115,098. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,929/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 2005
5,227 sqft lot
$N/A/sqft
$400 annually 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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Listed by: Joshua Manning • RealtySouth-Inverness Office
Mls Name: GALMLS
Mls Provider:
Mls ID: #21414876
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.