885 Rice Mill Chavers RdAlbertvilleAL35951
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 Albertville at 885 Rice Mill Chavers Rd, Albertville, AL, 35951 at $259,900 posts ROI 28.53% with $619/mo cash flow from $2,086/mo rent. Total monthly income equals $2,086/mo, and annual cash flow records $7,429/yr on $86,157 to close. Return on cash invested measures 28.53% and rental yield reads 9.63% at the current $259,900. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 by year five. Five-year ROI prints 148.43% and total cumulative return in cash totals $127,882.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,086/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35951, Albertville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,653 (100%) |
| Owner Occupied HU | 3,723 (65.9%) |
| Renter Occupied HU | 1,523 (26.9%) |
| Vacant Housing Units | 407 ( 7.2%) |
| Median Home Value | $153,580 |
| Average Home Value | $236,315 |
Housing Distribution
Address Breakdown
Residential
5,671
Single Family
5,532
Multi-Family
139
Businesses
166
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Nearby investment properties with comparable prices
Listed by: Trenten Hammond • South Towne Realtors, LLC
Mls Name: ValleyMLS
Mls ID: #21895150