659 Grand BlvdChickasawAL36611
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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 659 Grand Blvd, Chickasaw, AL, 36611 at $199,900 posts ROI 31.92% with $663/mo cash flow from $1,812/mo rent. Total monthly income equals $1,812/mo, and annual cash flow records $7,959/yr on $66,267 to close. Return on cash invested measures 31.92% and rental yield reads 10.88% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 166.71% and total cumulative return in cash totals $110,473.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,812/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
9,243 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: Garrett Nelson • Wellhouse Real Estate West, LL
Mls Name: Baldwin Realtors
Mls Provider:
Mls ID: #364088
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.