2024 Adams Ridge DrChelseaAL35043
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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 Chelsea at 2024 Adams Ridge Dr, Chelsea, AL, 35043 uses $150,833 cash to close to unlock $12,033/yr annual cash flow and $1,003/mo monthly cash flow. Total monthly income runs $3,571/mo, and a $2,227/mo payment keeps the spread at $1,003/mo. Purchase price stands at $455,000, and rental yield measures 9.42% with $3,571/mo rent. Return on cash invested shows 27.89% in year one, and 5% annual appreciation builds toward $125,708 over five years. Five-year ROI reaches 144.9% and total cumulative return in cash records $218,560. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,571/mo property income covering a $2,227/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35043, Chelsea, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,419 (100%) |
| Owner Occupied HU | 4,842 (89.4%) |
| Renter Occupied HU | 424 ( 7.8%) |
| Vacant Housing Units | 153 ( 2.8%) |
| Median Home Value | $382,884 |
| Average Home Value | $433,704 |
Housing Distribution
Address Breakdown
Residential
5,713
Single Family
5,713
Multi-Family
0
Businesses
387
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