318 Lexington BlvdBessemerAL35020
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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
Rental property for sale in Bessemer at 318 Lexington Blvd, Bessemer, AL, 35020 priced at $103,200 pairs $1,409/mo rent with $736/mo cash flow after a $505/mo payment. Total monthly income equals $1,409/mo, and annual cash flow comes to $8,835/yr on $34,211 invested. Return on cash invested is 45.73% in year one, and rental yield stands at 16.38% on a $103,200 basis. Equity gained on principal adds $666/yr, and 5% annual appreciation accumulates to $28,512 by year five. Five-year ROI measures 241.86% and total cumulative return in cash reaches $82,741. For financing, Ziffy Mortgage’s DSCR program evaluates $1,409/mo property income against a $505/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.37 Acres 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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