1113 Glen Manor DrBirminghamAL35243
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 1113 Glen Manor Dr, Birmingham, AL, 35243 generates $3,840/mo in rent, after a $4,576/mo payment. Total monthly income is $3,840/mo. Return on cash invested sits at 14.45% in year one, and rental yield is 4.93% on a $934,900 entry. Equity gained on principal adds $6,033/yr, while 5% annual appreciation builds toward $258,296 over five years. Five-year ROI reaches 72.82% and total cumulative return in cash sums $223,993. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,840/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35243, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,028 (100%) |
| Owner Occupied HU | 5,629 (51.0%) |
| Renter Occupied HU | 4,756 (43.1%) |
| Vacant Housing Units | 643 ( 5.8%) |
| Median Home Value | $498,768 |
| Average Home Value | $635,274 |
Housing Distribution
Address Breakdown
Residential
10,852
Single Family
7,638
Multi-Family
3,214
Businesses
1,480
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Annette Durrett • Oak Mountain Realty Group LLC
Mls Name: GALMLS
Mls ID: #21418281