1617 Mountain DrBirminghamAL35217
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1617 Mountain Dr, Birmingham, AL, 35217 with 5% annual appreciation on a $160,000 basis while $1,512/mo rent supports operations. Total monthly income totals $1,512/mo and a $783/mo payment preserves $609/mo for cash returns. Annual cash flow comes to $7,308/yr on $53,040 deployed, and return on cash invested reaches 33.69% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 11.34%. Five-year ROI measures 176% and total cumulative return in cash totals $93,350.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,512/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1923
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35217, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,910 (100%) |
| Owner Occupied HU | 2,400 (40.6%) |
| Renter Occupied HU | 2,508 (42.4%) |
| Vacant Housing Units | 1,002 (17.0%) |
| Median Home Value | $120,000 |
| Average Home Value | $230,202 |
Housing Distribution
Address Breakdown
Residential
5,368
Single Family
4,879
Multi-Family
489
Businesses
590
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carolina Gualdron • Real Broker LLC
Mls Name: GALMLS
Mls ID: #21413211