406 Chimney Rock DrAlbertaAL36720
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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 Alberta at 406 Chimney Rock Dr, Alberta, AL, 36720 priced at $406,900 pairs $1,924/mo rent with after a $1,992/mo payment. Total monthly income equals $1,924/mo. Return on cash invested is 16.59% in year one, and rental yield stands at 5.67% on a $406,900 basis. Equity gained on principal adds $2,626/yr, and 5% annual appreciation accumulates to $112,419 by year five. Five-year ROI measures 84.32% and total cumulative return in cash reaches $113,734. For financing, Ziffy Mortgage’s DSCR program evaluates $1,924/mo property income against a $1,992/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36720, Alberta, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 450 (100%) |
| Owner Occupied HU | 297 (66.0%) |
| Renter Occupied HU | 65 (14.4%) |
| Vacant Housing Units | 88 (19.6%) |
| Median Home Value | $63,462 |
| Average Home Value | $100,539 |
Housing Distribution
Address Breakdown
Residential
424
Single Family
424
Multi-Family
0
Businesses
4
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