280 Deerpatch RdChatomAL36518
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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 Chatom at 280 Deerpatch Rd, Chatom, AL, 36518 generates $2,782/mo in rent and, after a $2,006/mo payment, leaves $469/mo in cash flow. Total monthly income is $2,782/mo, and annual cash flow is $5,623/yr on $135,882 invested. Return on cash invested sits at 24.05% in year one, and rental yield is 8.14% on a $409,900 entry. Equity gained on principal adds $2,645/yr, while 5% annual appreciation builds toward $113,248 over five years. Five-year ROI reaches 124.31% and total cumulative return in cash sums $168,916. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,782/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A 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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