4638 Highgrove DrBessemerAL35022
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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
Rental property for sale in Bessemer at 4638 Highgrove Dr, Bessemer, AL, 35022 offers $2,299/mo rent that, after a $1,348/mo payment, leaves $717/mo cash flow. Total monthly income is $2,299/mo, and annual cash flow is $8,606/yr on $91,295 cash. Return on cash invested measures 29.34% in year one, and rental yield stands at 10.02% at a $275,400 entry. Equity gained on principal adds $1,777/yr while 5% annual appreciation compounds into $76,088 by year five. Five-year ROI records 152.85% and total cumulative return in cash reaches $139,540. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,299/mo property income versus a $1,348/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
8,712 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35022, Bessemer, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,303 (100%) |
| Owner Occupied HU | 7,161 (69.5%) |
| Renter Occupied HU | 2,415 (23.4%) |
| Vacant Housing Units | 727 ( 7.1%) |
| Median Home Value | $306,389 |
| Average Home Value | $363,775 |
Housing Distribution
Address Breakdown
Residential
10,353
Single Family
9,804
Multi-Family
549
Businesses
682
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Listed by: Tammy Allgood • eXp Realty, LLC Central
Mls Name: GALMLS
Mls Provider:
Mls ID: #21392530
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.