939 Eagle Point DrCherokeeAL35616
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 Cherokee at 939 Eagle Point Dr, Cherokee, AL, 35616 at $500,000 posts ROI 26.66% with $933/mo cash flow from $3,805/mo rent. Total monthly income equals $3,805/mo, and annual cash flow records $11,196/yr on $165,750 to close. Return on cash invested measures 26.66% and rental yield reads 9.13% at the current $500,000. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 by year five. Five-year ROI prints 138.47% and total cumulative return in cash totals $229,508.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,805/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2009
0.75 Acres lot
$N/A/sqft
$600 annually 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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Listed by: Shelby L Nugent • Skipper's Real Estate
Mls Name: MAAR
Mls Provider:
Mls ID: #10141764
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