7947 Gristmill DrMc CallaAL35111
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 Mc Calla at 7947 Gristmill Dr, Mc Calla, AL, 35111 at $340,000 posts ROI 26.97% with $663/mo cash flow from $2,855/mo rent. Total monthly income equals $2,855/mo, and annual cash flow records $7,958/yr on $112,710 to close. Return on cash invested measures 26.97% and rental yield reads 10.08% at the current $340,000. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 by year five. Five-year ROI prints 141.06% and total cumulative return in cash totals $158,994.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,855/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35111, Mc Calla, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,079 (100%) |
| Owner Occupied HU | 6,659 (82.4%) |
| Renter Occupied HU | 881 (10.9%) |
| Vacant Housing Units | 539 ( 6.7%) |
| Median Home Value | $291,463 |
| Average Home Value | $316,877 |
Housing Distribution
Address Breakdown
Residential
7,145
Single Family
7,098
Multi-Family
47
Businesses
357
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Listed by: George Jackson • Red Mountain Real Estate
Mls Name: GALMLS
Mls Provider:
Mls ID: #21418794
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.