1372 Legacy DrBirminghamAL35242
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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 1372 Legacy Dr, Birmingham, AL, 35242 offers a 4.24% rental yield on a $1,190,000 purchase with $4,200/mo rent. 54% in year one. Equity gained on principal adds $7,679/yr while 5% annual appreciation supports $328,775 over five years. Portfolio math shows five-year ROI at 62.49% and total cumulative return in cash at $240,928. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,200/mo property income against a $5,824/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35242, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,541 (100%) |
| Owner Occupied HU | 16,696 (65.4%) |
| Renter Occupied HU | 7,600 (29.8%) |
| Vacant Housing Units | 1,245 ( 4.9%) |
| Median Home Value | $468,745 |
| Average Home Value | $539,210 |
Housing Distribution
Address Breakdown
Residential
24,947
Single Family
18,515
Multi-Family
6,432
Businesses
1,615
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Listed by: Julie Kim • RealtySouth-Inverness Office
Mls Name: GALMLS
Mls ID: #21440242