3497 Wildewood 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 3497 Wildewood Dr, Pelham, AL, 35124 with 5% annual appreciation on a $206,500 basis while $1,913/mo rent supports operations. Total monthly income totals $1,913/mo and a $1,011/mo payment preserves $726/mo for cash returns. Annual cash flow comes to $8,709/yr on $68,455 deployed, and return on cash invested reaches 32.63% in year one. Equity gained on principal adds $1,333/yr, and five-year appreciation sums $57,052 alongside rental yield of 11.12%. Five-year ROI measures 170.49% and total cumulative return in cash totals $116,709.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,913/mo property income versus a $1,011/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1988
3,484 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: Stephanie Lucas • Keller Williams Realty Hoover
Mls Name: GALMLS
Mls Provider:
Mls ID: #21410567
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.