250 10th AveChickasawAL36611
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 Chickasaw at 250 10th Ave, Chickasaw, AL, 36611 uses $34,808 cash to close to unlock $7,083/yr annual cash flow and $590/mo monthly cash flow. Total monthly income runs $1,201/mo, and a $514/mo payment keeps the spread at $590/mo. Purchase price stands at $105,000, and rental yield measures 13.73% with $1,201/mo rent. Return on cash invested shows 40.26% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 211.61% and total cumulative return in cash records $73,658. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,201/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 2012
6,838 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Weston Huffer • RE/MAX Realty Professionals
Mls Name: GCMLS
Mls Provider:
Mls ID: #7604187
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.