212 The Heights DrCaleraAL35040
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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 Calera at 212 The Heights Dr, Calera, AL, 35040 with 5% annual appreciation on a $192,000 basis while $1,603/mo rent supports operations. Total monthly income totals $1,603/mo and a $940/mo payment preserves $491/mo for cash returns. Annual cash flow comes to $5,895/yr on $63,648 deployed, and return on cash invested reaches 29.17% in year one. Equity gained on principal adds $1,239/yr, and five-year appreciation sums $53,046 alongside rental yield of 10.02%. Five-year ROI measures 152.02% and total cumulative return in cash totals $96,760.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,603/mo property income versus a $940/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2007
3,484 sqft lot
$N/A/sqft
$320 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35040, Calera, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,401 (100%) |
| Owner Occupied HU | 6,245 (74.3%) |
| Renter Occupied HU | 1,775 (21.1%) |
| Vacant Housing Units | 381 ( 4.5%) |
| Median Home Value | $231,971 |
| Average Home Value | $254,467 |
Housing Distribution
Address Breakdown
Residential
8,121
Single Family
7,836
Multi-Family
285
Businesses
442
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Listed by: Ted Mclaughlin • ARC Realty Pelham Branch
Mls Name: GALMLS
Mls Provider:
Mls ID: #21414784
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.