566 The Heights LnCaleraAL35040
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 Calera at 566 The Heights Ln, Calera, AL, 35040 generates $1,918/mo in rent and, after a $942/mo payment, leaves $832/mo in cash flow. Total monthly income is $1,918/mo, and annual cash flow is $9,979/yr on $63,814 invested. Return on cash invested sits at 35.55% in year one, and rental yield is 11.96% on a $192,500 entry. Equity gained on principal adds $1,242/yr, while 5% annual appreciation builds toward $53,184 over five years. Five-year ROI reaches 186.02% and total cumulative return in cash sums $118,709. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,918/mo property income rather than buyer’s personal income.
Townhouse
Built in 2017
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35040, Calera, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,401 (100%) |
| Owner Occupied HU | 6,245 (74.3%) |
| Renter Occupied HU | 1,775 (21.1%) |
| Vacant Housing Units | 381 ( 4.5%) |
| Median Home Value | $231,971 |
| Average Home Value | $254,467 |
Housing Distribution
Address Breakdown
Residential
8,121
Single Family
7,836
Multi-Family
285
Businesses
442
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices