862 Hillview DrBessemerAL35023
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 862 Hillview Dr, Bessemer, AL, 35023 in Bessemer deserves attention. This $161,900 property earns $1,483/mo in rent, a 10.99% gross yield, and nets $569/mo after the $728/mo payment. DSCR 2.04 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $44,730 compounds alongside $1,491/yr in yearly equity build, for a total cumulative return of $97,660.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 6.8% |
| Monthly Cash Flow | $569 | $450 |
City averages based on Bessemer market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,483 |
| Total Monthly Debt Service | $849 |
| DSCR Ratio | 1.75x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1963
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35023, Bessemer, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,221 (100%) |
| Owner Occupied HU | 6,968 (68.2%) |
| Renter Occupied HU | 2,300 (22.5%) |
| Vacant Housing Units | 953 ( 9.3%) |
| Median Home Value | $199,244 |
| Average Home Value | $272,900 |
Housing Distribution
Address Breakdown
Residential
10,058
Single Family
9,984
Multi-Family
74
Businesses
652
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
Single Family
Built in 1963
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35023, Bessemer, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,221 (100%) |
| Owner Occupied HU | 6,968 (68.2%) |
| Renter Occupied HU | 2,300 (22.5%) |
| Vacant Housing Units | 953 ( 9.3%) |
| Median Home Value | $199,244 |
| Average Home Value | $272,900 |
Housing Distribution
Address Breakdown
Residential
10,058
Single Family
9,984
Multi-Family
74
Businesses
652
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices