9075 Hamm CirWilmerAL36587
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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
Investment property for sale in Wilmer at 9075 Hamm Cir, Wilmer, AL, 36587 offers a 7.26% rental yield on a $449,469 purchase with $2,720/mo rent. Total monthly income registers $2,720/mo, and a $2,200/mo payment leaves $183/mo available for distribution. Annual cash flow reaches $2,195/yr on $148,999 to close, and return on cash invested stands at 21.38% in year one. Equity gained on principal adds $2,900/yr while 5% annual appreciation supports $124,180 over five years. Portfolio math shows five-year ROI at 110.02% and total cumulative return in cash at $163,927. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,720/mo property income against a $2,200/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 36587, Wilmer, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,805 (100%) |
| Owner Occupied HU | 3,697 (76.9%) |
| Renter Occupied HU | 699 (14.5%) |
| Vacant Housing Units | 409 ( 8.5%) |
| Median Home Value | $220,696 |
| Average Home Value | $248,182 |
Housing Distribution
Address Breakdown
Residential
4,104
Single Family
4,104
Multi-Family
0
Businesses
104
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Listed by: Alex Scott • Wellhouse Real Estate LLC
Mls Name: GCMLS
Mls Provider:
Mls ID: #7484707
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.