3800 Highway 20CaleraAL35040
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3800 Highway 20, Calera, AL, 35040 uses $44,719 cash to close to unlock $3,022/yr annual cash flow and $252/mo monthly cash flow. Total monthly income runs $1,013/mo, and a $660/mo payment keeps the spread at $252/mo. Purchase price stands at $134,900, and rental yield measures 9.01% with $1,013/mo rent. Return on cash invested shows 26.67% in year one, and 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 138.34% and total cumulative return in cash records $61,865. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,013/mo property income covering a $660/mo payment rather than investor’s personal income.
Manufactured
Built in 1990
0.51 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wendy Chestnut • Keller Williams Realty Hoover
Mls Name: GALMLS
Mls Provider:
Mls ID: #21420489
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.