785 Church LoopCherokeeAL35616
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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
Rental property for sale in Cherokee at 785 Church Loop, Cherokee, AL, 35616 priced at $127,600 pairs $1,566/mo rent with $845/mo cash flow after a $625/mo payment. Total monthly income equals $1,566/mo, and annual cash flow comes to $10,144/yr on $42,299 invested. Return on cash invested is 43.89% in year one, and rental yield stands at 14.73% on a $127,600 basis. Equity gained on principal adds $823/yr, and 5% annual appreciation accumulates to $35,254 by year five. Five-year ROI measures 230.82% and total cumulative return in cash reaches $97,637. For financing, Ziffy Mortgage’s DSCR program evaluates $1,566/mo property income against a $625/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35616, Cherokee, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,351 (100%) |
| Owner Occupied HU | 1,413 (60.1%) |
| Renter Occupied HU | 378 (16.1%) |
| Vacant Housing Units | 560 (23.8%) |
| Median Home Value | $139,015 |
| Average Home Value | $211,175 |
Housing Distribution
Address Breakdown
Residential
1,933
Single Family
1,933
Multi-Family
0
Businesses
98
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