468 Hamilton PlChelseaAL35043
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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
Investment property for sale in Chelsea at 468 Hamilton Pl, Chelsea, AL, 35043 offers a 8.72% rental yield on a $435,000 purchase with $3,162/mo rent. Total monthly income registers $3,162/mo, and a $2,129/mo payment leaves $627/mo available for distribution. Annual cash flow reaches $7,518/yr on $144,203 to close, and return on cash invested stands at 25.12% in year one. Equity gained on principal adds $2,807/yr while 5% annual appreciation supports $120,182 over five years. Portfolio math shows five-year ROI at 130.33% and total cumulative return in cash at $187,944. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,162/mo property income against a $2,129/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
1.02 Acres lot
$N/A/sqft
$828 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35043, Chelsea, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,419 (100%) |
| Owner Occupied HU | 4,842 (89.4%) |
| Renter Occupied HU | 424 ( 7.8%) |
| Vacant Housing Units | 153 ( 2.8%) |
| Median Home Value | $382,884 |
| Average Home Value | $433,704 |
Housing Distribution
Address Breakdown
Residential
5,713
Single Family
5,713
Multi-Family
0
Businesses
387
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Listed by: Mechelle Wilder • ARC Realty 280
Mls Name: GALMLS
Mls Provider:
Mls ID: #21420760
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.