316 Maggie WayCaleraAL35040
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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 Calera at 316 Maggie Way, Calera, AL, 35040 at $229,000 posts ROI 30.78% with $688/mo cash flow from $2,011/mo rent. Total monthly income equals $2,011/mo, and annual cash flow records $8,253/yr on $75,914 to close. Return on cash invested measures 30.78% and rental yield reads 10.54% at the current $229,000. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 by year five. Five-year ROI prints 160.61% and total cumulative return in cash totals $121,925.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,011/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2012
9,147 sqft lot
$N/A/sqft
No 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 |
Housing Distribution
Address Breakdown
Residential
8,121
Single Family
7,836
Multi-Family
285
Businesses
442
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Listed by: Higgie Higginbotham • Keller Williams Metro South
Mls Name: GALMLS
Mls Provider:
Mls ID: #21413043
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.