626 Somerset BlvdBessemerAL35020
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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 626 Somerset Blvd, Bessemer, AL, 35020 offers $3,475/mo rent that, after a $1,361/mo payment, leaves $1,906/mo cash flow. Total monthly income is $3,475/mo, and annual cash flow is $22,866/yr on $92,157 cash. Return on cash invested measures 44.72% in year one, and rental yield stands at 15% at a $278,000 entry. Equity gained on principal adds $1,794/yr while 5% annual appreciation compounds into $76,806 by year five. Five-year ROI records 235.22% and total cumulative return in cash reaches $216,773. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,475/mo property income versus a $1,361/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35020, Bessemer, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,433 (100%) |
| Owner Occupied HU | 5,003 (43.8%) |
| Renter Occupied HU | 4,777 (41.8%) |
| Vacant Housing Units | 1,653 (14.5%) |
| Median Home Value | $114,564 |
| Average Home Value | $220,074 |
Housing Distribution
Address Breakdown
Residential
10,218
Single Family
9,716
Multi-Family
502
Businesses
1,003
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Listed by: Todd Paden • Paden Realty & Appraisal
Mls Name: GALMLS
Mls Provider:
Mls ID: #21414906
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.