1128 Skyline DrBirminghamAL35214
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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 1128 Skyline Dr, Birmingham, AL, 35214 offers a 11.15% rental yield on a $141,000 purchase with $1,310/mo rent. Total monthly income registers $1,310/mo, and a $690/mo payment leaves $514/mo available for distribution. Annual cash flow reaches $6,171/yr on $46,742 to close, and return on cash invested stands at 33.11% in year one. Equity gained on principal adds $910/yr while 5% annual appreciation supports $38,956 over five years. Portfolio math shows five-year ROI at 172.99% and total cumulative return in cash at $80,856. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,310/mo property income against a $690/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1939
0.28 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
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Listed by: Ben Davis • Spartan Realty LLC
Mls Name: GALMLS
Mls ID: #21433801