1044 Glendale DrBirminghamAL35242
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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 Birmingham at 1044 Glendale Dr, Birmingham, AL, 35242 listed at $824,900 pairs $4,680/mo rent with a $4,037/mo payment to leave $24/mo cash flow. Total monthly income runs $4,680/mo, and annual cash flow reaches $292/yr on $271,392 cash to close. Return on cash invested measures 20.17% in year one, and rental yield registers 6.81% at a $824,900 basis. Equity gained on principal adds $5,323/yr, and annual property appreciation at 5% supports $227,905 by year five. Five-year ROI tracks 103.48% and total cumulative return in cash totals $280,837. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,680/mo property income relative to a $4,037/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35242, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,541 (100%) |
| Owner Occupied HU | 16,696 (65.4%) |
| Renter Occupied HU | 7,600 (29.8%) |
| Vacant Housing Units | 1,245 ( 4.9%) |
| Median Home Value | $468,745 |
| Average Home Value | $539,210 |
Housing Distribution
Address Breakdown
Residential
24,947
Single Family
18,515
Multi-Family
6,432
Businesses
1,615
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Listed by: Stacy Flippen • ARC Realty Mountain Brook
Mls Name: GALMLS
Mls ID: #21432446