975 Buchanan Peninsula RdCherokeeAL35616
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 975 Buchanan Peninsula Rd, Cherokee, AL, 35616 offers a 3.4% rental yield on a $765,000 purchase with $2,170/mo rent. 82% in year one. Equity gained on principal adds $4,936/yr while 5% annual appreciation supports $211,355 over five years. Portfolio math shows five-year ROI at 48% and total cumulative return in cash at $120,803. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,170/mo property income against a $3,744/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices