1220 Wellington CirBirminghamAL35243
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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
Investment property for sale in Birmingham at 1220 Wellington Cir, Birmingham, AL, 35243 offers a 4.35% rental yield on a $633,700 purchase with $2,296/mo rent. 07% in year one. Equity gained on principal adds $4,089/yr while 5% annual appreciation supports $175,080 over five years. Portfolio math shows five-year ROI at 50.26% and total cumulative return in cash at $104,792. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,296/mo property income against a $3,102/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
7,840 sqft lot
$N/A/sqft
$180 monthly 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
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Listed by: N/A • N/A
Mls Name: RealtySouth
Mls Provider:
Mls ID: #21385558