12 Berrywood Dr #12BirminghamAL35216
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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 12 Berrywood Dr #12, Birmingham, AL, 35216 priced at $230,000 pairs $2,737/mo rent with $1,439/mo cash flow after a $1,126/mo payment. Total monthly income equals $2,737/mo, and annual cash flow comes to $17,262/yr on $76,245 invested. Return on cash invested is 42.55% in year one, and rental yield stands at 14.28% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. Five-year ROI measures 223.58% and total cumulative return in cash reaches $170,467. For financing, Ziffy Mortgage’s DSCR program evaluates $2,737/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35216, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,677 (100%) |
| Owner Occupied HU | 8,293 (46.9%) |
| Renter Occupied HU | 7,807 (44.2%) |
| Vacant Housing Units | 1,577 ( 8.9%) |
| Median Home Value | $397,800 |
| Average Home Value | $488,346 |
Housing Distribution
Address Breakdown
Residential
16,676
Single Family
10,881
Multi-Family
5,795
Businesses
1,467
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Listed by: Cici Howell • ARC Realty - Hoover
Mls Name: GALMLS
Mls Provider:
Mls ID: #21399783
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.