2262 Smokey Rd, Alabaster, AL, 35007 | 6.45% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Alabaster at 2262 Smokey Rd, Alabaster, AL, 35007 generates $2,555/mo in rent, after a $2,325/mo payment. Total monthly income is $2,555/mo. Return on cash invested sits at 18.95% in year one, and rental yield is 6.45% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 96.96% and total cumulative return in cash sums $152,683. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,555/mo property income rather than buyer’s personal income.

Single Family

Built in 1974

9.18 Acres lot

$N/A/sqft

No 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