1234 Simms RdgPelhamAL35124
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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
Investment property for sale in Pelham at 1234 Simms Rdg, Pelham, AL, 35124 uses $134,258 cash to close to unlock $4,383/yr annual cash flow and $365/mo monthly cash flow. Total monthly income runs $2,651/mo, and a $1,982/mo payment keeps the spread at $365/mo. Purchase price stands at $405,000, and rental yield measures 7.85% with $2,651/mo rent. Return on cash invested shows 23.17% in year one, and 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 119.65% and total cumulative return in cash records $160,646. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,651/mo property income covering a $1,982/mo payment rather than investor’s personal income.
Single Family
Built in 2026
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35124, Pelham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,280 (100%) |
| Owner Occupied HU | 8,765 (77.7%) |
| Renter Occupied HU | 2,140 (19.0%) |
| Vacant Housing Units | 375 ( 3.3%) |
| Median Home Value | $337,511 |
| Average Home Value | $374,292 |
Housing Distribution
Address Breakdown
Residential
11,011
Single Family
10,486
Multi-Family
525
Businesses
1,614
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