3261 Salco Rd WChunchulaAL36521
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
Investment property for sale in Chunchula at 3261 Salco Rd W, Chunchula, AL, 36521 uses $82,842 cash to close to unlock $4,951/yr annual cash flow and $413/mo monthly cash flow. Total monthly income runs $1,823/mo, and a $1,223/mo payment keeps the spread at $413/mo. Purchase price stands at $249,900, and rental yield measures 8.75% with $1,823/mo rent. Return on cash invested shows 25.89% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 134.2% and total cumulative return in cash records $111,170. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,823/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1971
4.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36521, Chunchula, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,364 (100%) |
| Owner Occupied HU | 1,843 (78.0%) |
| Renter Occupied HU | 281 (11.9%) |
| Vacant Housing Units | 240 (10.2%) |
| Median Home Value | $256,843 |
| Average Home Value | $307,257 |
Housing Distribution
Address Breakdown
Residential
2,019
Single Family
2,019
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices