224 Cache CirChickasawAL36611
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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 Chickasaw at 224 Cache Cir, Chickasaw, AL, 36611 earns $255/mo cash flow from $1,553/mo rent with a $1,126/mo payment. Total monthly income totals $1,553/mo, and annual cash flow totals $3,054/yr on $76,245 capital. ROI tracks 23.91% on current figures, and rental yield reads 8.1% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 123.64% and total cumulative return in cash sums $94,267. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,553/mo property income instead of your personal income.
Single Family
Built in 1969
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36611, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,932 (100%) |
| Owner Occupied HU | 1,415 (48.3%) |
| Renter Occupied HU | 1,183 (40.3%) |
| Vacant Housing Units | 334 (11.4%) |
| Median Home Value | $123,512 |
| Average Home Value | $171,894 |
Housing Distribution
Address Breakdown
Residential
2,668
Single Family
2,585
Multi-Family
83
Businesses
141
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Listed by: Wendy Hoffman • Real Broker LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7588428
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.