1731 Exeter AveBessemerAL35020
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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 1731 Exeter Ave, Bessemer, AL, 35020 priced at $125,000 converts $947/mo rent into $241/mo cash flow after a $612/mo obligation. Total monthly income equals $947/mo, and annual cash flow totals $2,895/yr on $41,438 invested. Return on cash invested prints 26.9% in year one, and rental yield reads 9.09% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 139.68% and total cumulative return in cash sums $57,881. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $947/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1924
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35020, Bessemer, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,433 (100%) |
| Owner Occupied HU | 5,003 (43.8%) |
| Renter Occupied HU | 4,777 (41.8%) |
| Vacant Housing Units | 1,653 (14.5%) |
| Median Home Value | $114,564 |
| Average Home Value | $220,074 |
Housing Distribution
Address Breakdown
Residential
10,218
Single Family
9,716
Multi-Family
502
Businesses
1,003
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