1223 Woodfall DrBirminghamAL35228
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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 1223 Woodfall Dr, Birmingham, AL, 35228 generates $1,490/mo in rent and, after a $560/mo payment, leaves $770/mo in cash flow. Total monthly income is $1,490/mo, and annual cash flow is $9,234/yr on $37,957 invested. Return on cash invested sits at 44.24% in year one, and rental yield is 15.62% on a $114,500 entry. Equity gained on principal adds $739/yr, while 5% annual appreciation builds toward $31,634 over five years. Five-year ROI reaches 233.5% and total cumulative return in cash sums $88,628. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,490/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35228, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,371 (100%) |
| Owner Occupied HU | 2,168 (49.6%) |
| Renter Occupied HU | 1,653 (37.8%) |
| Vacant Housing Units | 550 (12.6%) |
| Median Home Value | $102,675 |
| Average Home Value | $233,567 |
Housing Distribution
Address Breakdown
Residential
3,951
Single Family
3,723
Multi-Family
228
Businesses
235
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Listed by: Gail Hutton • All Star Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21397935
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.