607 12th Ave SWAlabasterAL35007
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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 Alabaster at 607 12th Ave SW, Alabaster, AL, 35007 offers a 9.71% rental yield on a $199,900 purchase with $1,618/mo rent. Total monthly income registers $1,618/mo, and a $978/mo payment leaves $476/mo available for distribution. Annual cash flow reaches $5,709/yr on $66,267 to close, and return on cash invested stands at 28.52% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 148.44% and total cumulative return in cash at $98,365. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,618/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35007, Alabaster, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,730 (100%) |
| Owner Occupied HU | 8,592 (80.1%) |
| Renter Occupied HU | 1,767 (16.5%) |
| Vacant Housing Units | 371 ( 3.5%) |
| Median Home Value | $283,979 |
| Average Home Value | $334,122 |
Housing Distribution
Address Breakdown
Residential
10,478
Single Family
9,866
Multi-Family
612
Businesses
1,121
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Listed by: Susan Alexander • EXIT Realty Cahaba
Mls Name: GALMLS
Mls Provider:
Mls ID: #21394206
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.