1812 Cross CirHooverAL35244
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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
Investment property for sale in Hoover at 1812 Cross Cir, Hoover, AL, 35244 listed at $369,900 pairs $2,620/mo rent with a $1,810/mo payment to leave $443/mo cash flow. Total monthly income runs $2,620/mo, and annual cash flow reaches $5,314/yr on $122,622 cash to close. Return on cash invested measures 24.24% in year one, and rental yield registers 8.5% at a $369,900 basis. Equity gained on principal adds $2,387/yr, and annual property appreciation at 5% supports $102,197 by year five. Five-year ROI tracks 125.69% and total cumulative return in cash totals $154,126. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,620/mo property income relative to a $1,810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
0.50 Acres 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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Listed by: Jerry Sager • Keller Williams Realty Hoover
Mls Name: GALMLS
Mls Provider:
Mls ID: #21437329
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.