117 Griffin DrChildersburgAL35044
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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 Childersburg at 117 Griffin Dr, Childersburg, AL, 35044 offers $1,230/mo rent that, after a $1,062/mo payment, leaves $5/mo cash flow. Total monthly income is $1,230/mo, and annual cash flow is $64/yr on $71,898 cash. Return on cash invested measures 20% in year one, and rental yield stands at 6.81% at a $216,888 entry. Equity gained on principal adds $1,400/yr while 5% annual appreciation compounds into $59,922 by year five. Five-year ROI records 102.65% and total cumulative return in cash reaches $73,806. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,230/mo property income versus a $1,062/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35044, Childersburg, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,584 (100%) |
| Owner Occupied HU | 2,303 (64.3%) |
| Renter Occupied HU | 981 (27.4%) |
| Vacant Housing Units | 300 ( 8.4%) |
| Median Home Value | $140,261 |
| Average Home Value | $219,548 |
Housing Distribution
Address Breakdown
Residential
3,274
Single Family
3,241
Multi-Family
33
Businesses
282
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Listed by: Octavia Valencia • WJH LLC
Mls Name: GALMLS
Mls ID: #21440419