250 Grover StBear CreekAL35543
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 Bear Creek at 250 Grover St, Bear Creek, AL, 35543 uses $41,272 cash to close to unlock $3,379/yr annual cash flow and $282/mo monthly cash flow. Total monthly income runs $984/mo, and a $609/mo payment keeps the spread at $282/mo. Purchase price stands at $124,500, and rental yield measures 9.48% with $984/mo rent. Return on cash invested shows 28.1% in year one, and 5% annual appreciation builds toward $34,397 over five years. Five-year ROI reaches 146.06% and total cumulative return in cash records $60,280. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $984/mo property income covering a $609/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35543, Bear Creek, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 521 (100%) |
| Owner Occupied HU | 362 (69.5%) |
| Renter Occupied HU | 89 (17.1%) |
| Vacant Housing Units | 70 (13.4%) |
| Median Home Value | $82,222 |
| Average Home Value | $125,656 |
Housing Distribution
Address Breakdown
Residential
436
Single Family
436
Multi-Family
0
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hanny Witt • American Realty Company LLC
Mls Name: Strategic MLS Alliance
Mls ID: #517014
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.