1112 Del Ray DrBirminghamAL35213
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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
Rental property for sale in Birmingham at 1112 Del Ray Dr, Birmingham, AL, 35213 priced at $505,000 converts $3,422/mo rent into $466/mo cash flow after a $2,472/mo obligation. Total monthly income equals $3,422/mo, and annual cash flow totals $5,598/yr on $166,145 invested. Return on cash invested prints 23.43% in year one, and rental yield reads 8.13% against a $505,000 entry. Equity gained on principal adds $3,259/yr, while 5% annual appreciation compiles into $139,522 by year five. Five-year ROI reaches 121.26% and total cumulative return in cash sums $201,462. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,422/mo property income covering a $2,472/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35213, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,571 (100%) |
| Owner Occupied HU | 4,263 (64.9%) |
| Renter Occupied HU | 2,001 (30.5%) |
| Vacant Housing Units | 307 ( 4.7%) |
| Median Home Value | $650,762 |
| Average Home Value | $795,174 |
Housing Distribution
Address Breakdown
Residential
6,523
Single Family
5,252
Multi-Family
1,271
Businesses
470
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Listed by: John Holley • LAH Sotheby's International Re
Mls Name: GALMLS
Mls Provider:
Mls ID: #21418569
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.