6574 Creek 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
Rental property for sale in Bessemer at 6574 Creek Cir, Bessemer, AL, 35022 generates $2,561/mo in rent and, after a $1,738/mo payment, leaves $523/mo in cash flow. Total monthly income is $2,561/mo, and annual cash flow is $6,281/yr on $117,683 invested. Return on cash invested sits at 25.25% in year one, and rental yield is 8.66% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 130.89% and total cumulative return in cash sums $154,032. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,561/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
6,534 sqft lot
$N/A/sqft
$400 annually 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: Jennifer Gilbert • Keller Williams Realty Hoover
Mls Name: GALMLS
Mls Provider:
Mls ID: #21415676
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.