516 W Lee StChickasawAL36611
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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 Chickasaw at 516 W Lee St, Chickasaw, AL, 36611 with 5% annual appreciation on a $149,900 basis while $1,189/mo rent supports operations. Total monthly income totals $1,189/mo and a $734/mo payment preserves $326/mo for cash returns. Annual cash flow comes to $3,909/yr on $49,692 deployed, and return on cash invested reaches 27.77% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 9.52%. Five-year ROI measures 144.48% and total cumulative return in cash totals $71,795.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,189/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
6,808 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36611, Mobile, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,932 (100%) |
| Owner Occupied HU | 1,415 (48.3%) |
| Renter Occupied HU | 1,183 (40.3%) |
| Vacant Housing Units | 334 (11.4%) |
| Median Home Value | $123,512 |
| Average Home Value | $171,894 |
Housing Distribution
Address Breakdown
Residential
2,668
Single Family
2,585
Multi-Family
83
Businesses
141
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Listed by: James Henderson • Realty Executives Bay Group
Mls Name: GCMLS
Mls Provider:
Mls ID: #7590626
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.