1001 Dover LnBirminghamAL35214
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 Birmingham at 1001 Dover Ln, Birmingham, AL, 35214 at $159,900 posts ROI 26.59% with $295/mo cash flow from $1,250/mo rent. Total monthly income equals $1,250/mo, and annual cash flow records $3,543/yr on $53,007 to close. Return on cash invested measures 26.59% and rental yield reads 9.38% at the current $159,900. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 by year five. Five-year ROI prints 138.47% and total cumulative return in cash totals $73,398.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,250/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1948
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35214, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,272 (100%) |
| Owner Occupied HU | 4,940 (59.7%) |
| Renter Occupied HU | 2,416 (29.2%) |
| Vacant Housing Units | 916 (11.1%) |
| Median Home Value | $162,610 |
| Average Home Value | $211,189 |
Housing Distribution
Address Breakdown
Residential
7,960
Single Family
7,374
Multi-Family
586
Businesses
391
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin Marcus • Marcus Family Realty LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21413077
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.