5115 Meadow Ridge TrlBessemerAL35022
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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 5115 Meadow Ridge Trl, Bessemer, AL, 35022 priced at $354,900 converts $2,934/mo rent into $892/mo cash flow after a $1,737/mo obligation. Total monthly income equals $2,934/mo, and annual cash flow totals $10,710/yr on $117,649 invested. Return on cash invested prints 29.01% in year one, and rental yield reads 9.92% against a $354,900 entry. Equity gained on principal adds $2,290/yr, while 5% annual appreciation compiles into $98,052 by year five. Five-year ROI reaches 151.1% and total cumulative return in cash sums $177,772. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,934/mo property income covering a $1,737/mo payment, not borrower’s personal income.
Single Family
Built in 2024
10,236 sqft lot
$N/A/sqft
$460 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: Charlene Bailey • DHI Realty of Alabama
Mls Name: GALMLS
Mls Provider:
Mls ID: #21389722
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.