200 Waxahatchee CirShelbyAL35143
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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 Shelby at 200 Waxahatchee Cir, Shelby, AL, 35143 priced at $353,800 pairs $1,783/mo rent with after a $1,732/mo payment. Total monthly income equals $1,783/mo. Return on cash invested is 17.62% in year one, and rental yield stands at 6.05% on a $353,800 basis. Equity gained on principal adds $2,283/yr, and 5% annual appreciation accumulates to $97,748 by year five. Five-year ROI measures 89.86% and total cumulative return in cash reaches $105,391. For financing, Ziffy Mortgage’s DSCR program evaluates $1,783/mo property income against a $1,732/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35143, Shelby, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,983 (100%) |
| Owner Occupied HU | 1,233 (62.2%) |
| Renter Occupied HU | 230 (11.6%) |
| Vacant Housing Units | 520 (26.2%) |
| Median Home Value | $357,595 |
| Average Home Value | $371,283 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,686
Multi-Family
0
Businesses
45
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