3088 Chelsea Park RdgChelseaAL35043
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
Rental property for sale in Chelsea at 3088 Chelsea Park Rdg, Chelsea, AL, 35043 offers $2,451/mo rent that, after a $1,958/mo payment, leaves $103/mo cash flow. Total monthly income is $2,451/mo, and annual cash flow is $1,236/yr on $132,600 cash. Return on cash invested measures 20.84% in year one, and rental yield stands at 7.35% at a $400,000 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,513 by year five. Five-year ROI records 107.41% and total cumulative return in cash reaches $142,432. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,451/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
5,227 sqft lot
$N/A/sqft
$90 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35043, Chelsea, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,419 (100%) |
| Owner Occupied HU | 4,842 (89.4%) |
| Renter Occupied HU | 424 ( 7.8%) |
| Vacant Housing Units | 153 ( 2.8%) |
| Median Home Value | $382,884 |
| Average Home Value | $433,704 |
Housing Distribution
Address Breakdown
Residential
5,713
Single Family
5,713
Multi-Family
0
Businesses
387
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donna Mann • ARC Realty 280
Mls Name: GALMLS
Mls Provider:
Mls ID: #21417971
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.