15288 Celeste RdChunchulaAL36521
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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
Investment property for sale in Chunchula at 15288 Celeste Rd, Chunchula, AL, 36521 uses $34,808 cash to close to unlock $2,595/yr annual cash flow and $216/mo monthly cash flow. Total monthly income runs $809/mo, and a $514/mo payment keeps the spread at $216/mo. Purchase price stands at $105,000, and rental yield measures 9.25% with $809/mo rent. Return on cash invested shows 27.36% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 142.22% and total cumulative return in cash records $49,502. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $809/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1987
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36521, Chunchula, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,364 (100%) |
| Owner Occupied HU | 1,843 (78.0%) |
| Renter Occupied HU | 281 (11.9%) |
| Vacant Housing Units | 240 (10.2%) |
| Median Home Value | $256,843 |
| Average Home Value | $307,257 |
Housing Distribution
Address Breakdown
Residential
2,019
Single Family
2,019
Multi-Family
0
Businesses
43
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Listed by: Jaleesa Golson • WrightWay Realty Co LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7492126
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.