6 E Chambliss DrSelmaAL36701
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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 Selma at 6 E Chambliss Dr, Selma, AL, 36701 priced at $250,000 converts $1,681/mo rent into $248/mo cash flow after a $1,224/mo obligation. Total monthly income equals $1,681/mo, and annual cash flow totals $2,974/yr on $82,875 invested. Return on cash invested prints 23.5% in year one, and rental yield reads 8.07% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 121.5% and total cumulative return in cash sums $100,690. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,681/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Single Family
Built in 1967
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36701, Selma, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,227 (100%) |
| Owner Occupied HU | 5,463 (53.4%) |
| Renter Occupied HU | 3,399 (33.2%) |
| Vacant Housing Units | 1,365 (13.3%) |
| Median Home Value | $114,721 |
| Average Home Value | $152,100 |
Housing Distribution
Address Breakdown
Residential
9,214
Single Family
8,267
Multi-Family
947
Businesses
715
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Listed by: Bailey H. Dawson • Divine Realty LLC
Mls Name: MAAR
Mls Provider:
Mls ID: #574489
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