2263 Chalybe TrlHooverAL35226
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hoover at 2263 Chalybe Trl, Hoover, AL, 35226 at $499,999 posts ROI 23.85% with $544/mo cash flow from $3,474/mo rent. Total monthly income equals $3,474/mo, and annual cash flow records $6,524/yr on $165,750 to close. Return on cash invested measures 23.85% and rental yield reads 8.34% at the current $499,999. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 by year five. Five-year ROI prints 123.52% and total cumulative return in cash totals $204,727.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,474/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35226, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,020 (100%) |
| Owner Occupied HU | 11,515 (76.7%) |
| Renter Occupied HU | 2,923 (19.5%) |
| Vacant Housing Units | 582 ( 3.9%) |
| Median Home Value | $395,301 |
| Average Home Value | $448,486 |
Housing Distribution
Address Breakdown
Residential
15,452
Single Family
13,875
Multi-Family
1,577
Businesses
375
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelley Sheffield • Keller Williams Trussville
Mls Name: GALMLS
Mls Provider:
Mls ID: #21418757
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.