161 Maple TrceHooverAL35244
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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 Hoover at 161 Maple Trce, Hoover, AL, 35244 offers $2,999/mo rent that, after a $2,491/mo payment, leaves $126/mo cash flow. Total monthly income is $2,999/mo, and annual cash flow is $1,515/yr on $167,461 cash. Return on cash invested measures 20.96% in year one, and rental yield stands at 7.07% at a $509,000 entry. Equity gained on principal adds $3,285/yr while 5% annual appreciation compounds into $140,627 by year five. Five-year ROI records 107.77% and total cumulative return in cash reaches $180,469. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,999/mo property income versus a $2,491/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35244, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,341 (100%) |
| Owner Occupied HU | 10,823 (66.2%) |
| Renter Occupied HU | 4,785 (29.3%) |
| Vacant Housing Units | 733 ( 4.5%) |
| Median Home Value | $410,683 |
| Average Home Value | $449,563 |
Housing Distribution
Address Breakdown
Residential
16,162
Single Family
12,039
Multi-Family
4,123
Businesses
1,624
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