408 Cherokee TrlAnnistonAL36206
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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 408 Cherokee Trl, Anniston, AL, 36206 offers $1,481/mo rent that, after a $925/mo payment, leaves $414/mo cash flow. Total monthly income is $1,481/mo, and annual cash flow is $4,971/yr on $62,654 cash. Return on cash invested measures 27.84% in year one, and rental yield stands at 9.4% at a $189,000 entry. Equity gained on principal adds $1,220/yr while 5% annual appreciation compounds into $52,217 by year five. Five-year ROI records 144.72% and total cumulative return in cash reaches $90,670. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,481/mo property income versus a $925/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.58 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: Michelle Greene • EXIT Coosa River Realty LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21412126
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.