150 Desoto AveChildersburgAL35044
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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 150 Desoto Ave, Childersburg, AL, 35044 priced at $329,000 pairs $1,781/mo rent with after a $1,610/mo payment. Total monthly income equals $1,781/mo. Return on cash invested is 19.08% in year one, and rental yield stands at 6.5% on a $329,000 basis. Equity gained on principal adds $2,123/yr, and 5% annual appreciation accumulates to $90,897 by year five. Five-year ROI measures 97.69% and total cumulative return in cash reaches $106,545. For financing, Ziffy Mortgage’s DSCR program evaluates $1,781/mo property income against a $1,610/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
1.25 Acres 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: Michael Bryant • High Point Realty LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21417420
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.