304 7th Ave SEChildersburgAL35044
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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 Childersburg at 304 7th Ave SE, Childersburg, AL, 35044 uses $43,393 cash to close to unlock $3,394/yr annual cash flow and $283/mo monthly cash flow. Total monthly income runs $1,022/mo, and a $641/mo payment keeps the spread at $283/mo. Purchase price stands at $130,900, and rental yield measures 9.37% with $1,022/mo rent. Return on cash invested shows 27.73% in year one, and 5% annual appreciation builds toward $36,165 over five years. Five-year ROI reaches 144.1% and total cumulative return in cash records $62,529. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,022/mo property income covering a $641/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35044, Childersburg, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,584 (100%) |
| Owner Occupied HU | 2,303 (64.3%) |
| Renter Occupied HU | 981 (27.4%) |
| Vacant Housing Units | 300 ( 8.4%) |
| Median Home Value | $140,261 |
| Average Home Value | $219,548 |
Housing Distribution
Address Breakdown
Residential
3,274
Single Family
3,241
Multi-Family
33
Businesses
282
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Listed by: Brandi Edwards • ERA King Real Estate - Birmingham
Mls Name: GALMLS
Mls ID: #21433916