1600 Ridge RdBirminghamAL35209
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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 1600 Ridge Rd, Birmingham, AL, 35209 at $1,120,900 posts ROI 14.97% with from $4,692/mo rent. Total monthly income equals $4,692/mo. Return on cash invested measures 14.97% and rental yield reads 5.02% at the current $1,120,900. Equity gained on principal adds $7,233/yr, and 5% annual appreciation supports $309,684 by year five. Five-year ROI prints 75.52% and total cumulative return in cash totals $274,277. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,692/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
0.36 Acres 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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