216 Dawsons Cove DrAlabasterAL35007
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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 Alabaster at 216 Dawsons Cove Dr, Alabaster, AL, 35007 listed at $380,450 pairs $2,392/mo rent with a $1,862/mo payment to leave $213/mo cash flow. Total monthly income runs $2,392/mo, and annual cash flow reaches $2,551/yr on $126,119 cash to close. Return on cash invested measures 21.93% in year one, and rental yield registers 7.54% at a $380,450 basis. Equity gained on principal adds $2,455/yr, and annual property appreciation at 5% supports $105,111 by year five. Five-year ROI tracks 113.09% and total cumulative return in cash totals $142,630. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,392/mo property income relative to a $1,862/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
N/A lot
$N/A/sqft
$385 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35007, Alabaster, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,730 (100%) |
| Owner Occupied HU | 8,592 (80.1%) |
| Renter Occupied HU | 1,767 (16.5%) |
| Vacant Housing Units | 371 ( 3.5%) |
| Median Home Value | $283,979 |
| Average Home Value | $334,122 |
Housing Distribution
Address Breakdown
Residential
10,478
Single Family
9,866
Multi-Family
612
Businesses
1,121
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Listed by: Terri Lobretto • Adams Homes, LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21401838
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.