1621 Mardis DrBirminghamAL35235
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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 1621 Mardis Dr, Birmingham, AL, 35235 earns $521/mo cash flow from $1,734/mo rent with a $1,052/mo payment. Total monthly income totals $1,734/mo, and annual cash flow totals $6,249/yr on $71,273 capital. ROI tracks 28.68% on current figures, and rental yield reads 9.68% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 149.18% and total cumulative return in cash sums $106,321. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,734/mo property income instead of your personal income.
Single Family
Built in 1974
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35235, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,834 (100%) |
| Owner Occupied HU | 5,097 (57.7%) |
| Renter Occupied HU | 2,992 (33.9%) |
| Vacant Housing Units | 745 ( 8.4%) |
| Median Home Value | $191,405 |
| Average Home Value | $260,508 |
Housing Distribution
Address Breakdown
Residential
8,419
Single Family
7,608
Multi-Family
811
Businesses
711
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Listed by: Tayler Burton • Keller Williams Realty Hoover
Mls Name: GALMLS
Mls ID: #21441230