1061 Forest Brook DrBirminghamAL35226
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
Rental property for sale in Birmingham at 1061 Forest Brook Dr, Birmingham, AL, 35226 priced at $319,600 pairs $3,053/mo rent with $1,162/mo cash flow after a $1,564/mo payment. Total monthly income equals $3,053/mo, and annual cash flow comes to $13,943/yr on $105,947 invested. Return on cash invested is 33.07% in year one, and rental yield stands at 11.46% on a $319,600 basis. Equity gained on principal adds $2,062/yr, and 5% annual appreciation accumulates to $88,300 by year five. Five-year ROI measures 173.04% and total cumulative return in cash reaches $183,333. For financing, Ziffy Mortgage’s DSCR program evaluates $3,053/mo property income against a $1,564/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35226, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,020 (100%) |
| Owner Occupied HU | 11,515 (76.7%) |
| Renter Occupied HU | 2,923 (19.5%) |
| Vacant Housing Units | 582 ( 3.9%) |
| Median Home Value | $395,301 |
| Average Home Value | $448,486 |
Housing Distribution
Address Breakdown
Residential
15,452
Single Family
13,875
Multi-Family
1,577
Businesses
375
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Listed by: N/A • N/A
Mls Name: RealtySouth
Mls Provider:
Mls ID: #1362946