1407 Heather LnAlabasterAL35007
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 Alabaster at 1407 Heather Ln, Alabaster, AL, 35007 listed at $390,000 pairs $2,642/mo rent with a $1,909/mo payment to leave $441/mo cash flow. Total monthly income runs $2,642/mo, and annual cash flow reaches $5,286/yr on $129,285 cash to close. Return on cash invested measures 24% in year one, and rental yield registers 8.13% at a $390,000 basis. Equity gained on principal adds $2,517/yr, and annual property appreciation at 5% supports $107,750 by year five. Five-year ROI tracks 124.06% and total cumulative return in cash totals $160,388. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,642/mo property income relative to a $1,909/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35007, Alabaster, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,730 (100%) |
| Owner Occupied HU | 8,592 (80.1%) |
| Renter Occupied HU | 1,767 (16.5%) |
| Vacant Housing Units | 371 ( 3.5%) |
| Median Home Value | $283,979 |
| Average Home Value | $334,122 |
Housing Distribution
Address Breakdown
Residential
10,478
Single Family
9,866
Multi-Family
612
Businesses
1,121
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices