88 Hargis DrChelseaAL35043
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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 Chelsea at 88 Hargis Dr, Chelsea, AL, 35043 earns $266/mo cash flow from $1,017/mo rent with a $636/mo payment. Total monthly income totals $1,017/mo, and annual cash flow totals $3,194/yr on $43,095 capital. ROI tracks 27.32% on current figures, and rental yield reads 9.39% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 142.16% and total cumulative return in cash sums $61,263. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,017/mo property income instead of your personal income.
Single Family
Built in 1998
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35043, Chelsea, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,419 (100%) |
| Owner Occupied HU | 4,842 (89.4%) |
| Renter Occupied HU | 424 ( 7.8%) |
| Vacant Housing Units | 153 ( 2.8%) |
| Median Home Value | $382,884 |
| Average Home Value | $433,704 |
Housing Distribution
Address Breakdown
Residential
5,713
Single Family
5,713
Multi-Family
0
Businesses
387
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Listed by: Lindsey Humphries • Epique Inc
Mls Name: GALMLS
Mls Provider:
Mls ID: #21429051
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.