130 Shennandoah StCherokeeAL35616
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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 Cherokee at 130 Shennandoah St, Cherokee, AL, 35616 priced at $144,500 pairs $1,270/mo rent with $455/mo cash flow after a $707/mo payment. Total monthly income equals $1,270/mo, and annual cash flow comes to $5,455/yr on $47,902 invested. Return on cash invested is 31.3% in year one, and rental yield stands at 10.55% on a $144,500 basis. Equity gained on principal adds $932/yr, and 5% annual appreciation accumulates to $39,923 by year five. Five-year ROI measures 163.2% and total cumulative return in cash reaches $78,175. For financing, Ziffy Mortgage’s DSCR program evaluates $1,270/mo property income against a $707/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35616, Cherokee, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,351 (100%) |
| Owner Occupied HU | 1,413 (60.1%) |
| Renter Occupied HU | 378 (16.1%) |
| Vacant Housing Units | 560 (23.8%) |
| Median Home Value | $139,015 |
| Average Home Value | $211,175 |
Housing Distribution
Address Breakdown
Residential
1,933
Single Family
1,933
Multi-Family
0
Businesses
98
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