2032 Fairbank CirChelseaAL35043
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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 2032 Fairbank Cir, Chelsea, AL, 35043 uses $87,814 cash to close to unlock $6,256/yr annual cash flow and $521/mo monthly cash flow. Total monthly income runs $2,017/mo, and a $1,297/mo payment keeps the spread at $521/mo. Purchase price stands at $264,900, and rental yield measures 9.14% with $2,017/mo rent. Return on cash invested shows 27.03% in year one, and 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 140.38% and total cumulative return in cash records $123,272. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,017/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 2006
3,484 sqft 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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