917 Ryecroft RdPelhamAL35124
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 Pelham at 917 Ryecroft Rd, Pelham, AL, 35124 at $365,000 posts ROI 22.33% with $244/mo cash flow from $2,315/mo rent. Total monthly income equals $2,315/mo, and annual cash flow records $2,928/yr on $120,998 to close. Return on cash invested measures 22.33% and rental yield reads 7.61% at the current $365,000. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 by year five. Five-year ROI prints 115.14% and total cumulative return in cash totals $139,315.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,315/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35124, Pelham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,280 (100%) |
| Owner Occupied HU | 8,765 (77.7%) |
| Renter Occupied HU | 2,140 (19.0%) |
| Vacant Housing Units | 375 ( 3.3%) |
| Median Home Value | $337,511 |
| Average Home Value | $374,292 |
Housing Distribution
Address Breakdown
Residential
11,011
Single Family
10,486
Multi-Family
525
Businesses
1,614
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Listed by: Josh Brownlee • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21416421
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.