309 Macallan DrPelhamAL35124
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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 Pelham at 309 Macallan Dr, Pelham, AL, 35124 earns $564/mo cash flow from $3,047/mo rent with a $2,153/mo payment. Total monthly income totals $3,047/mo, and annual cash flow totals $6,769/yr on $145,827 capital. ROI tracks 24.55% on current figures, and rental yield reads 8.31% at a $439,900 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,536 over five years. Five-year ROI reaches 127.05% and total cumulative return in cash sums $185,271. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,047/mo property income instead of your personal income.
Single Family
Built in 2012
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35124, Pelham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,280 (100%) |
| Owner Occupied HU | 8,765 (77.7%) |
| Renter Occupied HU | 2,140 (19.0%) |
| Vacant Housing Units | 375 ( 3.3%) |
| Median Home Value | $337,511 |
| Average Home Value | $374,292 |
Housing Distribution
Address Breakdown
Residential
11,011
Single Family
10,486
Multi-Family
525
Businesses
1,614
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Listed by: Jauwan Moore • eXp Realty, LLC Central
Mls Name: GALMLS
Mls Provider:
Mls ID: #21429038
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.