144 Buck Creek DrAlabasterAL35007
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 144 Buck Creek Dr, Alabaster, AL, 35007 in Alabaster speaks for itself: 10.51% gross on a $219,500 price, generating $1,922/mo in rent and $679/mo in net income after the $987/mo debt service. DSCR 1.95, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,148 stacks alongside $60,644 in projected five-year appreciation and $2,022/yr in principal reduction. Projected total cumulative return: $126,462.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 8.0% |
| Monthly Cash Flow | $679 | $250 |
City averages based on Alabaster market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,922 |
| Total Monthly Debt Service | $1,156 |
| DSCR Ratio | 1.66x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1997
7,405 sqft 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
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
Single Family
Built in 1997
7,405 sqft 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
Listed by: John Street • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21412518
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.