770 17th StCaleraAL35040
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Calera at 770 17th St, Calera, AL, 35040 earns $225/mo cash flow from $902/mo rent with a $587/mo payment. Total monthly income totals $902/mo, and annual cash flow totals $2,701/yr on $39,747 capital. ROI tracks 26.7% on current figures, and rental yield reads 9.03% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 138.7% and total cumulative return in cash sums $55,128. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $902/mo property income instead of your personal income.
Manufactured
Built in 2002
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35040, Calera, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,401 (100%) |
| Owner Occupied HU | 6,245 (74.3%) |
| Renter Occupied HU | 1,775 (21.1%) |
| Vacant Housing Units | 381 ( 4.5%) |
| Median Home Value | $231,971 |
| Average Home Value | $254,467 |
Housing Distribution
Address Breakdown
Residential
8,121
Single Family
7,836
Multi-Family
285
Businesses
442
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices