6816 Avenue KBessemerAL35020
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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 6816 Avenue K, Bessemer, AL, 35020 earns from $1,650/mo rent with a $1,463/mo payment. Total monthly income totals $1,650/mo. ROI tracks 19.44% on current figures, and rental yield reads 6.62% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 99.65% and total cumulative return in cash sums $98,770. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,650/mo property income instead of your personal income.
Single Family
Built in 1900
1,089 sqft 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: Ron Prince • ERA King Real Estate Hoover
Mls Name: GALMLS
Mls Provider:
Mls ID: #21416102
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.