3991 Harmony Ridge Cir ESemmesAL36575
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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 Semmes at 3991 Harmony Ridge Cir E, Semmes, AL, 36575 uses $111,053 cash to close to unlock $8,674/yr annual cash flow and $723/mo monthly cash flow. Total monthly income runs $2,616/mo, and a $1,640/mo payment keeps the spread at $723/mo. Purchase price stands at $335,000, and rental yield measures 9.37% with $2,616/mo rent. Return on cash invested shows 27.72% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 144.02% and total cumulative return in cash records $159,932. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,616/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 2014
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36575, Semmes, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,337 (100%) |
| Owner Occupied HU | 6,679 (80.1%) |
| Renter Occupied HU | 1,159 (13.9%) |
| Vacant Housing Units | 499 ( 6.0%) |
| Median Home Value | $234,058 |
| Average Home Value | $261,353 |
Housing Distribution
Address Breakdown
Residential
8,182
Single Family
7,963
Multi-Family
219
Businesses
491
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Listed by: Devin Scott • Roberts Brothers West
Mls Name: GCMLS
Mls Provider:
Mls ID: #7542037
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.