1086 Hillcrest DrBessemerAL35022
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 Bessemer at 1086 Hillcrest Dr, Bessemer, AL, 35022 uses $101,108 cash to close to unlock $1,317/yr annual cash flow and $110/mo monthly cash flow. Total monthly income runs $1,876/mo, and a $1,493/mo payment keeps the spread at $110/mo. Purchase price stands at $305,000, and rental yield measures 7.38% with $1,876/mo rent. Return on cash invested shows 21.21% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 109.32% and total cumulative return in cash records $110,530. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,876/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1955
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35022, Bessemer, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,303 (100%) |
| Owner Occupied HU | 7,161 (69.5%) |
| Renter Occupied HU | 2,415 (23.4%) |
| Vacant Housing Units | 727 ( 7.1%) |
| Median Home Value | $306,389 |
| Average Home Value | $363,775 |
Housing Distribution
Address Breakdown
Residential
10,353
Single Family
9,804
Multi-Family
549
Businesses
682
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charlene Lockhart • RealtySouth-OTM-Acton Rd
Mls Name: GALMLS
Mls Provider:
Mls ID: #21424827
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.