6521 Veda CirBessemerAL35022
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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 Bessemer at 6521 Veda Cir, Bessemer, AL, 35022 with 5% annual appreciation on a $330,000 basis while $2,810/mo rent supports operations. Total monthly income totals $2,810/mo and a $1,615/mo payment preserves $933/mo for cash returns. Annual cash flow comes to $11,198/yr on $109,395 deployed, and return on cash invested reaches 30.15% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,173 alongside rental yield of 10.22%. Five-year ROI measures 157.1% and total cumulative return in cash totals $171,863.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,810/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
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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Listed by: Stephanie Bethea • 1st Choice Properties LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21388601
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.