9 Elizabeth AveChickasawAL36611
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 Chickasaw at 9 Elizabeth Ave, Chickasaw, AL, 36611 listed at $115,000 pairs $904/mo rent with a $563/mo payment to leave $254/mo cash flow. Total monthly income runs $904/mo, and annual cash flow reaches $3,044/yr on $38,123 cash to close. Return on cash invested measures 27.89% in year one, and rental yield registers 9.43% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 144.98% and total cumulative return in cash totals $55,269. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $904/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
7,535 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Parker • Waters Edge Realty
Mls Name: GCMLS
Mls Provider:
Mls ID: #7604975
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.