7512 Colonial Trace 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
Total monthly income runs $2,548/mo, and a $2,202/mo payment. Purchase price stands at $449,900, and rental yield measures 6.8% with $2,548/mo rent. Return on cash invested shows 19.69% in year one, and 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 101.05% and total cumulative return in cash records $150,706. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,548/mo property income covering a $2,202/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.49 Acres 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: Cathy O'berry • ARC Realty - Hoover
Mls Name: GALMLS
Mls Provider:
Mls ID: #21414523
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.