410 Ridgeview CirJemisonAL35085
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
Rental property for sale in Jemison at 410 Ridgeview Cir, Jemison, AL, 35085 priced at $244,000 converts $1,888/mo rent into $511/mo cash flow after a $1,194/mo obligation. Total monthly income equals $1,888/mo, and annual cash flow totals $6,132/yr on $80,886 invested. Return on cash invested prints 27.49% in year one, and rental yield reads 9.29% against a $244,000 entry. Equity gained on principal adds $1,574/yr, while 5% annual appreciation compiles into $67,413 by year five. Five-year ROI reaches 142.76% and total cumulative return in cash sums $115,474. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,888/mo property income covering a $1,194/mo payment, not borrower’s personal income.
Single Family
Built in 2022
0.27 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christina James • Keller Williams Realty Hoover
Mls Name: GALMLS
Mls Provider:
Mls ID: #21406807
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.