2141 Chelsea Ridge DrChelseaAL35051
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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 Chelsea at 2141 Chelsea Ridge Dr, Chelsea, AL, 35051 generates $2,983/mo in rent and, after a $1,786/mo payment, leaves $922/mo in cash flow. Total monthly income is $2,983/mo, and annual cash flow is $11,061/yr on $120,998 invested. Return on cash invested sits at 29.05% in year one, and rental yield is 9.81% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 151.14% and total cumulative return in cash sums $182,875. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,983/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35051, Columbiana, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,607 (100%) |
| Owner Occupied HU | 2,476 (68.6%) |
| Renter Occupied HU | 830 (23.0%) |
| Vacant Housing Units | 301 ( 8.3%) |
| Median Home Value | $329,118 |
| Average Home Value | $357,637 |
Housing Distribution
Address Breakdown
Residential
3,426
Single Family
3,254
Multi-Family
172
Businesses
333
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Listed by: Chad Beasley • eXp Realty, LLC Central
Mls Name: GALMLS
Mls Provider:
Mls ID: #21422764
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.