16357 Chase CirRalphAL35480
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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 Ralph at 16357 Chase Cir, Ralph, AL, 35480 generates $1,682/mo in rent and, after a $1,125/mo payment, leaves $385/mo in cash flow. Total monthly income is $1,682/mo, and annual cash flow is $4,615/yr on $76,212 invested. Return on cash invested sits at 25.96% in year one, and rental yield is 8.78% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 134.62% and total cumulative return in cash sums $102,599. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,682/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35480, Ralph, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 917 (100%) |
| Owner Occupied HU | 750 (81.8%) |
| Renter Occupied HU | 94 (10.3%) |
| Vacant Housing Units | 73 ( 8.0%) |
| Median Home Value | $255,650 |
| Average Home Value | $248,403 |
Housing Distribution
Address Breakdown
Residential
696
Single Family
696
Multi-Family
0
Businesses
26
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Listed by: Amelia Holley • Southern Homes of Tuscaloosa, Inc
Mls Name: WAMLS
Mls Provider:
Mls ID: #166508
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.