360 Cornelia RdBrierfieldAL35035
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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 Brierfield at 360 Cornelia Rd, Brierfield, AL, 35035 offers a 10.11% rental yield on a $323,500 purchase with $2,726/mo rent. Total monthly income registers $2,726/mo, and a $1,583/mo payment leaves $888/mo available for distribution. Annual cash flow reaches $10,655/yr on $107,240 to close, and return on cash invested stands at 29.84% in year one. Equity gained on principal adds $2,087/yr while 5% annual appreciation supports $89,377 over five years. Portfolio math shows five-year ROI at 155.44% and total cumulative return in cash at $166,690. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,726/mo property income against a $1,583/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
5 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35035, Brierfield, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 777 (100%) |
| Owner Occupied HU | 554 (71.3%) |
| Renter Occupied HU | 116 (14.9%) |
| Vacant Housing Units | 107 (13.8%) |
| Median Home Value | $127,083 |
| Average Home Value | $154,468 |
Housing Distribution
Address Breakdown
Residential
613
Single Family
613
Multi-Family
0
Businesses
38
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Listed by: Renee Hamilton • ARC Realty - Hoover
Mls Name: GALMLS
Mls Provider:
Mls ID: #21406297
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.