124 E Crest RdBessemerAL35023
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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 Bessemer at 124 E Crest Rd, Bessemer, AL, 35023 generates $1,115/mo in rent and, after a $685/mo payment, leaves $325/mo in cash flow. Total monthly income is $1,115/mo, and annual cash flow is $3,900/yr on $46,410 invested. Return on cash invested sits at 28.31% in year one, and rental yield is 9.56% on a $139,999 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 147.15% and total cumulative return in cash sums $68,290. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,115/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
7,840 sqft 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
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