136 Edgemont DrBirminghamAL35209
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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 136 Edgemont Dr, Birmingham, AL, 35209 uses $132,567 cash to close to unlock $4,153/yr annual cash flow and $346/mo monthly cash flow. Total monthly income runs $2,603/mo, and a $1,957/mo payment keeps the spread at $346/mo. Purchase price stands at $399,900, and rental yield measures 7.81% with $2,603/mo rent. Return on cash invested shows 23.04% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 118.95% and total cumulative return in cash records $157,688. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,603/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1961
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35209, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,204 (100%) |
| Owner Occupied HU | 5,576 (39.3%) |
| Renter Occupied HU | 6,610 (46.5%) |
| Vacant Housing Units | 2,018 (14.2%) |
| Median Home Value | $487,776 |
| Average Home Value | $591,314 |
Housing Distribution
Address Breakdown
Residential
13,671
Single Family
10,594
Multi-Family
3,077
Businesses
2,312
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Listed by: Matt Williams • ARC Realty Vestavia
Mls Name: GALMLS
Mls ID: #21428413