42 Griffin DrChildersburgAL35044
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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 Childersburg at 42 Griffin Dr, Childersburg, AL, 35044 priced at $191,888 converts $1,230/mo rent into $147/mo cash flow after a $939/mo obligation. Total monthly income equals $1,230/mo, and annual cash flow totals $1,765/yr on $63,611 invested. Return on cash invested prints 22.68% in year one, and rental yield reads 7.69% against a $191,888 entry. Equity gained on principal adds $1,238/yr, while 5% annual appreciation compiles into $53,015 by year five. Five-year ROI reaches 117.08% and total cumulative return in cash sums $74,477. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,230/mo property income covering a $939/mo payment, not borrower’s personal income.
Single Family
Built in 2025
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35044, Childersburg, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,584 (100%) |
| Owner Occupied HU | 2,303 (64.3%) |
| Renter Occupied HU | 981 (27.4%) |
| Vacant Housing Units | 300 ( 8.4%) |
| Median Home Value | $140,261 |
| Average Home Value | $219,548 |
Housing Distribution
Address Breakdown
Residential
3,274
Single Family
3,241
Multi-Family
33
Businesses
282
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Listed by: Octavia Valencia • WJH LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21429565
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.