5404 Colony WayHooverAL35226
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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 Hoover at 5404 Colony Way, Hoover, AL, 35226 earns $911/mo cash flow from $3,157/mo rent with a $1,948/mo payment. Total monthly income totals $3,157/mo, and annual cash flow totals $10,926/yr on $131,937 capital. ROI tracks 28.19% on current figures, and rental yield reads 9.52% at a $398,000 purchase. Equity gained on principal adds $2,568/yr, and 5% annual appreciation supports $109,960 over five years. Five-year ROI reaches 146.54% and total cumulative return in cash sums $193,344. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,157/mo property income instead of your personal income.
Single Family
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35226, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,020 (100%) |
| Owner Occupied HU | 11,515 (76.7%) |
| Renter Occupied HU | 2,923 (19.5%) |
| Vacant Housing Units | 582 ( 3.9%) |
| Median Home Value | $395,301 |
| Average Home Value | $448,486 |
Housing Distribution
Address Breakdown
Residential
15,452
Single Family
13,875
Multi-Family
1,577
Businesses
375
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