809 Brummel AveBridgeportAL35740
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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 Bridgeport at 809 Brummel Ave, Bridgeport, AL, 35740 priced at $150,000 converts $1,184/mo rent into $338/mo cash flow after a $734/mo obligation. Total monthly income equals $1,184/mo, and annual cash flow totals $4,050/yr on $49,725 invested. Return on cash invested prints 28.05% in year one, and rental yield reads 9.47% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 145.85% and total cumulative return in cash sums $72,522. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,184/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35740, Bridgeport, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,722 (100%) |
| Owner Occupied HU | 1,037 (60.2%) |
| Renter Occupied HU | 454 (26.4%) |
| Vacant Housing Units | 231 (13.4%) |
| Median Home Value | $149,709 |
| Average Home Value | $178,322 |
Housing Distribution
Address Breakdown
Residential
1,426
Single Family
1,402
Multi-Family
24
Businesses
83
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Listed by: Gina Pannell • RE/MAX Realty South
Mls Name: Greater Chattanooga Realtors
Mls ID: #1520967