708 Westchester DrBessemerAL35022
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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 708 Westchester Dr, Bessemer, AL, 35022 priced at $115,000 converts $922/mo rent into $273/mo cash flow after a $563/mo obligation. Total monthly income equals $922/mo, and annual cash flow totals $3,273/yr on $38,123 invested. Return on cash invested prints 28.49% in year one, and rental yield reads 9.62% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 148.19% and total cumulative return in cash sums $56,493. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $922/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1984
9,147 sqft 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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