213 Willow Lake CirWilsonvilleAL35186
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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 Wilsonville at 213 Willow Lake Cir, Wilsonville, AL, 35186 uses $107,738 cash to close to unlock $9,555/yr annual cash flow and $796/mo monthly cash flow. Total monthly income runs $2,681/mo, and a $1,591/mo payment keeps the spread at $796/mo. Purchase price stands at $325,000, and rental yield measures 9.9% with $2,681/mo rent. Return on cash invested shows 28.78% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 149.92% and total cumulative return in cash records $161,521. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,681/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 2013
0.59 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35186, Wilsonville, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,343 (100%) |
| Owner Occupied HU | 1,889 (80.6%) |
| Renter Occupied HU | 256 (10.9%) |
| Vacant Housing Units | 198 ( 8.5%) |
| Median Home Value | $407,338 |
| Average Home Value | $436,637 |
Housing Distribution
Address Breakdown
Residential
2,085
Single Family
2,085
Multi-Family
0
Businesses
67
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Listed by: Melissa Hand • EXIT Realty Cahaba
Mls Name: GALMLS
Mls Provider:
Mls ID: #21413577
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.