Fay S Perry Dr #8SOFAHChildersburgAL35044
Nearby investment properties with comparable rents
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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
Rental property for sale in Childersburg at Fay S Perry Dr #8SOFAH, Childersburg, AL, 35044 priced at $224,500 converts $1,988/mo rent into $721/mo cash flow after a $1,099/mo obligation. Total monthly income equals $1,988/mo, and annual cash flow totals $8,648/yr on $74,422 invested. Return on cash invested prints 31.53% in year one, and rental yield reads 10.63% against a $224,500 entry. Equity gained on principal adds $1,449/yr, while 5% annual appreciation compiles into $62,025 by year five. Five-year ROI reaches 164.46% and total cumulative return in cash sums $122,396. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,988/mo property income covering a $1,099/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35044, Childersburg, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,584 (100%) |
| Owner Occupied HU | 2,303 (64.3%) |
| Renter Occupied HU | 981 (27.4%) |
| Vacant Housing Units | 300 ( 8.4%) |
| Median Home Value | $140,261 |
| Average Home Value | $219,548 |
Housing Distribution
Address Breakdown
Residential
3,274
Single Family
3,241
Multi-Family
33
Businesses
282
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Nearby investment properties with comparable prices
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