1157 Forest Lakes WayChelseaAL35043
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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 1157 Forest Lakes Way, Chelsea, AL, 35043 generates $2,362/mo in rent and, after a $1,415/mo payment, leaves $730/mo in cash flow. Total monthly income is $2,362/mo, and annual cash flow is $8,763/yr on $95,804 invested. Return on cash invested sits at 29.06% in year one, and rental yield is 9.81% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 151.21% and total cumulative return in cash sums $144,866. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,362/mo property income rather than buyer’s personal income.
Single Family
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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