637 Whitestone 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 637 Whitestone Way, Hoover, AL, 35226 with 5% annual appreciation on a $417,800 basis while $3,190/mo rent supports operations. Total monthly income totals $3,190/mo and a $2,045/mo payment preserves $737/mo for cash returns. Annual cash flow comes to $8,848/yr on $138,501 deployed, and return on cash invested reaches 26.3% in year one. Equity gained on principal adds $2,696/yr, and five-year appreciation sums $115,430 alongside rental yield of 9.16%. Five-year ROI measures 136.7% and total cumulative return in cash totals $189,336.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,190/mo property income versus a $2,045/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in N/A
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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