315 8th AveChickasawAL36611
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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 315 8th Ave, Chickasaw, AL, 36611 earns $749/mo cash flow from $1,318/mo rent with a $489/mo payment. Total monthly income totals $1,318/mo, and annual cash flow totals $8,987/yr on $33,150 capital. ROI tracks 47.02% on current figures, and rental yield reads 15.82% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 247.54% and total cumulative return in cash sums $82,060. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,318/mo property income instead of your personal income.
Single Family
Built in 1987
0.33 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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Listed by: Rameh Dickens Khazen • Bellator Real Estate LLC Mobile
Mls Name: GCMLS
Mls Provider:
Mls ID: #7623392
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.