2147 Turquoise LnCaleraAL35040
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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 2147 Turquoise Ln, Calera, AL, 35040 with 5% annual appreciation on a $298,250 basis while $2,248/mo rent supports operations. Total monthly income totals $2,248/mo and a $1,460/mo payment preserves $564/mo for cash returns. Annual cash flow comes to $6,772/yr on $98,870 deployed, and return on cash invested reaches 26.76% in year one. Equity gained on principal adds $1,925/yr, and five-year appreciation sums $82,401 alongside rental yield of 9.04%. Five-year ROI measures 138.89% and total cumulative return in cash totals $137,318.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,248/mo property income versus a $1,460/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
9,147 sqft lot
$N/A/sqft
No 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: Jessica Snow • Adams Homes, LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21402701
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.