789 Merlin Dr, Calera, AL, 35040 | $376/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2364 sft

40 Red Tip Ln, Helena, AL, 35080

2 Bed
2 Bath
1374 sft

6038 Townley Ct, Mc Calla, AL, 35111

2 Bed
2 Bath
1221 sft

12987 Woodland Park Cir, Mc Calla, AL, 35111

5 Bed
2 Bath
2016 sft

1029 Barnes Dr, Bessemer, AL, 35020

Nearby investment properties with comparable prices

3 Bed
3 Bath
1744 sft

1050 Ivy Hills Cir #1050, Birmingham, AL, 35216

1 Bed
1 Bath
912 sft

770 Highway 31 S, Alabaster, AL, 35007

- Bed
- Bath
- sft

3827 Windhover Dr, Birmingham, AL, 35216

3 Bed
1 Bath
2964 sft

294 McCalla Rd, Bessemer, AL, 35022

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Calera at 789 Merlin Dr, Calera, AL, 35040 priced at $170,000 pairs $1,335/mo rent with $376/mo cash flow after a $832/mo payment. Total monthly income equals $1,335/mo, and annual cash flow comes to $4,506/yr on $56,355 invested. Return on cash invested is 27.9% in year one, and rental yield stands at 9.42% on a $170,000 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,968 by year five. Five-year ROI measures 145.05% and total cumulative return in cash reaches $81,741. For financing, Ziffy Mortgage’s DSCR program evaluates $1,335/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1986

0.56 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