223 Beech DrChatomAL36518
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
Investment property for sale in Chatom at 223 Beech Dr, Chatom, AL, 36518 offers a 7.14% rental yield on a $279,000 purchase with $1,660/mo rent. Total monthly income registers $1,660/mo, and a $1,366/mo payment leaves $85/mo available for distribution. Annual cash flow reaches $1,017/yr on $92,489 to close, and return on cash invested stands at 21.01% in year one. Equity gained on principal adds $1,800/yr while 5% annual appreciation supports $77,083 over five years. Portfolio math shows five-year ROI at 108.02% and total cumulative return in cash at $99,907. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,660/mo property income against a $1,366/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36518, Chatom, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,089 (100%) |
| Owner Occupied HU | 728 (66.9%) |
| Renter Occupied HU | 215 (19.7%) |
| Vacant Housing Units | 146 (13.4%) |
| Median Home Value | $183,772 |
| Average Home Value | $211,803 |
Housing Distribution
Address Breakdown
Residential
680
Single Family
680
Multi-Family
0
Businesses
140
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