$89,900

616 Masterson Avenue, Chickasaw, AL 36611

  • 3 beds |
  • 1 bath |
  • 900 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1988
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $100/sqft
  • Property List Date Icon Listed 22 hours ago

Property Description

Investor Special – 3 Bed / 1 Bath | Meets & Beats the 1% Rule | Day-One Cash Flow Fantastic opportunity for investors! This 3-bedroom, 1-bath property is already cash flowing from day one, with a stable tenant paying $1,000/month and wishing to remain—offering immediate, reliable income. The home is in well-kept condition with solid bones, making it a strong, low-maintenance addition to any rental portfolio. Situated on a nice-sized lot with a carport, the property offers extra appeal for both current and future tenants. Strong rental demand in the area combined with a purchase price that meets—and beats—the 1% rule makes this an exceptional investment. A turnkey, income-producing property you won’t want to miss! priced to sell.

Listing Status:
Active
Date Added:
December 9, 2025 at 06:00AM
Listing Office:
MOB Realty LLC : 513-505-5222
Listing Agent:
Anthony Giglio : 251-325-5129
MLS ID:
7690677
  • General: Other
  • Appliances: Other
  • Laundry: Other
  • Basement: None
  • Flooring: Ceramic Tile
  • A/C: Wall Unit(s)
  • Heating: Other
  • Fireplace: None
  • Disability Feature: None
  • Eco/Green Feature: None
  • General: None
  • Style: Ranch
  • Pool: None
  • Parking: Carport
  • Roofing: Other
  • Windows: None
  • General: BrickVinyl SidingOneConcrete PerimeterSlab
  • Road/Access: City Street
  • Originating MLS: GCMLS2
  • County: Mobile - AL
  • View: Other
  • Fencing: None
  • Utilities: NoneOther
  • Water: Public
  • Sewer: Septic Tank
  • Source: GCMLS2

This listing courtesy of Anthony Giglio, MOB Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Chickasaw City Elementary School

80 Grant St, Chickasaw, AL, 36611

Grades PK-5

0.98 miles away

C

Chickasaw Middle School

50 Chieftain Way, Mobile, AL, 36611

Grades 6-8

1.33 miles away

C

Chickasaw City High School

50 Chieftain Way, Mobile, AL, 36611

Grades 9-12

1.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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