2321 10th Ave NBessemerAL35020
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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 Bessemer at 2321 10th Ave N, Bessemer, AL, 35020 earns $593/mo cash flow from $1,382/mo rent with a $630/mo payment. Total monthly income totals $1,382/mo, and annual cash flow totals $7,114/yr on $42,664 capital. ROI tracks 36.58% on current figures, and rental yield reads 12.89% at a $128,700 purchase. Equity gained on principal adds $830/yr, and 5% annual appreciation supports $35,557 over five years. Five-year ROI reaches 192.17% and total cumulative return in cash sums $81,987. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,382/mo property income instead of your personal income.
Single Family
Built in 1930
9,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35020, Bessemer, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,433 (100%) |
| Owner Occupied HU | 5,003 (43.8%) |
| Renter Occupied HU | 4,777 (41.8%) |
| Vacant Housing Units | 1,653 (14.5%) |
| Median Home Value | $114,564 |
| Average Home Value | $220,074 |
Housing Distribution
Address Breakdown
Residential
10,218
Single Family
9,716
Multi-Family
502
Businesses
1,003
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