405 Chickasaw DrAnnistonAL36206
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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
Rental property for sale in Anniston at 405 Chickasaw Dr, Anniston, AL, 36206 priced at $179,000 converts $1,140/mo rent into $130/mo cash flow after a $876/mo obligation. Total monthly income equals $1,140/mo, and annual cash flow totals $1,557/yr on $59,339 invested. Return on cash invested prints 22.53% in year one, and rental yield reads 7.64% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 116.21% and total cumulative return in cash sums $68,955. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,140/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in 1967
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36206, Anniston, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,087 (100%) |
| Owner Occupied HU | 3,173 (62.4%) |
| Renter Occupied HU | 1,404 (27.6%) |
| Vacant Housing Units | 510 (10.0%) |
| Median Home Value | $136,507 |
| Average Home Value | $194,038 |
Housing Distribution
Address Breakdown
Residential
4,821
Single Family
4,603
Multi-Family
218
Businesses
224
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Listed by: Lloyd Andrews • Keller Williams Realty Group
Mls Name: GALMLS
Mls Provider:
Mls ID: #21404482
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.