161 Old Montgomery Hwy APT BVestavia HillsAL35216
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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 Vestavia Hills at 161 Old Montgomery Hwy APT B, Vestavia Hills, AL, 35216 offers $1,402/mo rent that, after a $847/mo payment, leaves $425/mo cash flow. Total monthly income is $1,402/mo, and annual cash flow is $5,103/yr on $57,350 cash. Return on cash invested measures 28.81% in year one, and rental yield stands at 9.72% at a $173,000 entry. Equity gained on principal adds $1,116/yr while 5% annual appreciation compounds into $47,797 by year five. Five-year ROI records 149.91% and total cumulative return in cash reaches $85,971. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,402/mo property income versus a $847/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35216, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,677 (100%) |
| Owner Occupied HU | 8,293 (46.9%) |
| Renter Occupied HU | 7,807 (44.2%) |
| Vacant Housing Units | 1,577 ( 8.9%) |
| Median Home Value | $397,800 |
| Average Home Value | $488,346 |
Housing Distribution
Address Breakdown
Residential
16,676
Single Family
10,881
Multi-Family
5,795
Businesses
1,467
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Listed by: Nakia Walker • Opendoor Brokerage LLC
Mls Name: GALMLS
Mls ID: #21411919