17 Churchhill DrFort MitchellAL36856
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fort Mitchell at 17 Churchhill Dr, Fort Mitchell, AL, 36856 priced at $269,900 pairs $1,867/mo rent with $344/mo cash flow after a $1,321/mo payment. Total monthly income equals $1,867/mo, and annual cash flow comes to $4,123/yr on $89,472 invested. Return on cash invested is 24.52% in year one, and rental yield stands at 8.3% on a $269,900 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,568 by year five. Five-year ROI measures 126.84% and total cumulative return in cash reaches $113,490. For financing, Ziffy Mortgage’s DSCR program evaluates $1,867/mo property income against a $1,321/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2011
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36856, Fort Mitchell, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,948 (100%) |
| Owner Occupied HU | 2,088 (70.8%) |
| Renter Occupied HU | 600 (20.4%) |
| Vacant Housing Units | 260 ( 8.8%) |
| Median Home Value | $252,279 |
| Average Home Value | $237,555 |
Housing Distribution
Address Breakdown
Residential
2,911
Single Family
2,911
Multi-Family
0
Businesses
87
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Listed by: Bea Wallace • Redmond Realty Group LLC
Mls Name: East Alabama BOR
Mls ID: #E101842