113 Deer Ridge DrChelseaAL35043
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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 Chelsea at 113 Deer Ridge Dr, Chelsea, AL, 35043 priced at $520,000 converts $3,569/mo rent into $634/mo cash flow after a $2,545/mo obligation. Total monthly income equals $3,569/mo, and annual cash flow totals $7,608/yr on $171,080 invested. Return on cash invested prints 24.51% in year one, and rental yield reads 8.24% against a $520,000 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation compiles into $143,666 by year five. Five-year ROI reaches 126.74% and total cumulative return in cash sums $216,827. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,569/mo property income covering a $2,545/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.55 Acres 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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