448 Reed WayKimberlyAL35091
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 Kimberly at 448 Reed Way, Kimberly, AL, 35091 with 5% annual appreciation on a $265,000 basis while $1,946/mo rent supports operations. Total monthly income totals $1,946/mo and a $1,297/mo payment preserves $426/mo for cash returns. Annual cash flow comes to $5,106/yr on $87,848 deployed, and return on cash invested reaches 25.72% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,215 alongside rental yield of 8.81%. Five-year ROI measures 133.45% and total cumulative return in cash totals $117,231.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,946/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2010
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35091, Kimberly, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,264 (100%) |
| Owner Occupied HU | 1,009 (79.8%) |
| Renter Occupied HU | 199 (15.7%) |
| Vacant Housing Units | 56 ( 4.4%) |
| Median Home Value | $321,507 |
| Average Home Value | $315,741 |
Housing Distribution
Address Breakdown
Residential
1,339
Single Family
1,339
Multi-Family
0
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heidi Calamusa • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21417265
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.