62 11th AveChickasawAL36611
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 62 11th Ave, Chickasaw, AL, 36611 listed at $185,000 pairs $1,394/mo rent with a $905/mo payment to leave $350/mo cash flow. Total monthly income runs $1,394/mo, and annual cash flow reaches $4,203/yr on $61,328 cash to close. Return on cash invested measures 26.76% in year one, and rental yield registers 9.04% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 138.95% and total cumulative return in cash totals $85,215. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,394/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices