Griffin Plan, Simms Landing Phase IIIPelhamAL35124
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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 Pelham at Griffin Plan, Simms Landing Phase III, Pelham, AL, 35124 with 5% annual appreciation on a $452,000 basis while $3,019/mo rent supports operations. Total monthly income totals $3,019/mo and a $2,212/mo payment preserves $468/mo for cash returns. Annual cash flow comes to $5,616/yr on $149,838 deployed, and return on cash invested reaches 23.66% in year one. Equity gained on principal adds $2,917/yr, and five-year appreciation sums $124,879 alongside rental yield of 8.02%. Five-year ROI measures 122.21% and total cumulative return in cash totals $183,118.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,019/mo property income versus a $2,212/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
N/A 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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