30 Ridgeview DrChickasawAL36611
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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 30 Ridgeview Dr, Chickasaw, AL, 36611 listed at $170,900 pairs $2,318/mo rent with a $836/mo payment to leave $1,353/mo cash flow. Total monthly income runs $2,318/mo, and annual cash flow reaches $16,234/yr on $56,653 cash to close. Return on cash invested measures 48.56% in year one, and rental yield registers 16.28% at a $170,900 basis. Equity gained on principal adds $1,103/yr, and annual property appreciation at 5% supports $47,217 by year five. Five-year ROI tracks 255.79% and total cumulative return in cash totals $144,916. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,318/mo property income relative to a $836/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.25 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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