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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Fort Mitchell at 5 Cheyenne Trl, Fort Mitchell, AL, 36856 generates $2,298/mo in rent and, after a $1,370/mo payment, leaves $685/mo in cash flow. Total monthly income is $2,298/mo, and annual cash flow is $8,217/yr on $92,787 invested. Return on cash invested sits at 28.76% in year one, and rental yield is 9.85% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 149.78% and total cumulative return in cash sums $138,973. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,298/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
1 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood data shown for ZIP Code: 36856, Fort Mitchell, AL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,948 (100%) |
| Owner Occupied HU | 2,088 (70.8%) |
| Renter Occupied HU | 600 (20.4%) |
| Vacant Housing Units | 260 ( 8.8%) |
| Median Home Value | $252,279 |
| Average Home Value | $237,555 |
Residential
2,911
Single Family
2,911
Multi-Family
0
Businesses
87
Date | Event | Price |
|---|---|---|
| 2024-10-29 | Pending sale | $279,900 |
| 2024-10-14 | Price change | $279,900 |
| 2024-09-20 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-11 | $880.24 | 20.62% | $25,840 | 19.30% |
| 2022-11-11 | $729.76 | 8.92% | $21,660 | 8.30% |
| 2021-11-11 | $670.00 | 7.45% | $20,000 | 15.47% |
What's Special
Pull Down Stairs
Listed by: Windy Gamel • Southern Home Management Solutions, LLC.
Mls Name: FMLS GA
Mls Provider:
Mls ID: #7459378
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