317 Lee StChickasawAL36611
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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 317 Lee St, Chickasaw, AL, 36611 uses $66,267 cash to close to unlock $3,757/yr annual cash flow and $313/mo monthly cash flow. Total monthly income runs $1,441/mo, and a $978/mo payment keeps the spread at $313/mo. Purchase price stands at $199,900, and rental yield measures 8.65% with $1,441/mo rent. Return on cash invested shows 25.58% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 132.61% and total cumulative return in cash records $87,877. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,441/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1990
N/A 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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