400 Ridgeview CirJemisonAL35085
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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 Jemison at 400 Ridgeview Cir, Jemison, AL, 35085 offers a 10.36% rental yield on a $234,000 purchase with $2,021/mo rent. Total monthly income registers $2,021/mo, and a $1,145/mo payment leaves $701/mo available for distribution. Annual cash flow reaches $8,406/yr on $77,571 to close, and return on cash invested stands at 30.75% in year one. Equity gained on principal adds $1,510/yr while 5% annual appreciation supports $64,650 over five years. Portfolio math shows five-year ROI at 160.27% and total cumulative return in cash at $124,323. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,021/mo property income against a $1,145/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35085, Jemison, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,885 (100%) |
| Owner Occupied HU | 2,808 (72.3%) |
| Renter Occupied HU | 722 (18.6%) |
| Vacant Housing Units | 355 ( 9.1%) |
| Median Home Value | $158,621 |
| Average Home Value | $196,735 |
Housing Distribution
Address Breakdown
Residential
3,654
Single Family
3,606
Multi-Family
48
Businesses
178
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Listed by: Christina James • Keller Williams Realty Hoover
Mls Name: GALMLS
Mls Provider:
Mls ID: #21416970
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.