6440 Waters Edge Circle Morgans Run Sub Sector LOT 8-1BessemerAL35022
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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 6440 Waters Edge Circle Morgans Run Sub Sector LOT 8-1, Bessemer, AL, 35022 generates $2,206/mo in rent and, after a $1,722/mo payment, leaves $220/mo in cash flow. Total monthly income is $2,206/mo, and annual cash flow is $2,642/yr on $116,622 invested. Return on cash invested sits at 22.17% in year one, and rental yield is 7.52% on a $351,800 entry. Equity gained on principal adds $2,270/yr, while 5% annual appreciation builds toward $97,196 over five years. Five-year ROI reaches 114.3% and total cumulative return in cash sums $133,299. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,206/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35022, Bessemer, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,303 (100%) |
| Owner Occupied HU | 7,161 (69.5%) |
| Renter Occupied HU | 2,415 (23.4%) |
| Vacant Housing Units | 727 ( 7.1%) |
| Median Home Value | $306,389 |
| Average Home Value | $363,775 |
Housing Distribution
Address Breakdown
Residential
10,353
Single Family
9,804
Multi-Family
549
Businesses
682
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