112 Hammonds StBessemerAL35023
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 112 Hammonds St, Bessemer, AL, 35023 at $120,000 posts ROI 36.35% with $545/mo cash flow from $1,222/mo rent. Total monthly income equals $1,222/mo, and annual cash flow records $6,540/yr on $39,780 to close. Return on cash invested measures 36.35% and rental yield reads 12.22% at the current $120,000. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 by year five. Five-year ROI prints 190.27% and total cumulative return in cash totals $75,691.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,222/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1947
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35023, Bessemer, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,221 (100%) |
| Owner Occupied HU | 6,968 (68.2%) |
| Renter Occupied HU | 2,300 (22.5%) |
| Vacant Housing Units | 953 ( 9.3%) |
| Median Home Value | $199,244 |
| Average Home Value | $272,900 |
Housing Distribution
Address Breakdown
Residential
10,058
Single Family
9,984
Multi-Family
74
Businesses
652
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Elrod • Great Western Realty, Inc.
Mls Name: GALMLS
Mls Provider:
Mls ID: #21390966
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.