237 Addison Dr, Calera, AL, 35040 | $779/mo Cash Flow

Off market

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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 Calera at 237 Addison Dr, Calera, AL, 35040 priced at $281,200 converts $2,422/mo rent into $779/mo cash flow after a $1,376/mo obligation. Total monthly income equals $2,422/mo, and annual cash flow totals $9,351/yr on $93,218 invested. Return on cash invested prints 29.94% in year one, and rental yield reads 10.34% against a $281,200 entry. Equity gained on principal adds $1,815/yr, while 5% annual appreciation compiles into $77,690 by year five. Five-year ROI reaches 156.22% and total cumulative return in cash sums $145,621. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,422/mo property income covering a $1,376/mo payment, not borrower’s personal income.

Single Family

Built in 2016

0.27 Acres lot

$N/A/sqft

$16 monthly 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