506 Chapman StAndalusiaAL36420
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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 Andalusia at 506 Chapman St, Andalusia, AL, 36420 with 5% annual appreciation on a $196,600 basis while $1,639/mo rent supports operations. Total monthly income totals $1,639/mo and a $962/mo payment preserves $490/mo for cash returns. Annual cash flow comes to $5,881/yr on $65,173 deployed, and return on cash invested reaches 28.93% in year one. Equity gained on principal adds $1,269/yr, and five-year appreciation sums $54,317 alongside rental yield of 10%. Five-year ROI measures 150.85% and total cumulative return in cash totals $98,312.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,639/mo property income versus a $962/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36420, Andalusia, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,481 (100%) |
| Owner Occupied HU | 3,159 (57.6%) |
| Renter Occupied HU | 1,431 (26.1%) |
| Vacant Housing Units | 891 (16.3%) |
| Median Home Value | $197,120 |
| Average Home Value | $227,225 |
Housing Distribution
Address Breakdown
Residential
4,749
Single Family
4,679
Multi-Family
70
Businesses
842
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