163 Redwood LnBirminghamAL35226
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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 Birmingham at 163 Redwood Ln, Birmingham, AL, 35226 offers $4,270/mo rent that, after a $2,447/mo payment, leaves $1,448/mo cash flow. Total monthly income is $4,270/mo, and annual cash flow is $17,377/yr on $165,717 cash. Return on cash invested measures 30.39% in year one, and rental yield stands at 10.25% at a $499,900 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,113 by year five. Five-year ROI records 158.37% and total cumulative return in cash reaches $262,452. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,270/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35226, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,020 (100%) |
| Owner Occupied HU | 11,515 (76.7%) |
| Renter Occupied HU | 2,923 (19.5%) |
| Vacant Housing Units | 582 ( 3.9%) |
| Median Home Value | $395,301 |
| Average Home Value | $448,486 |
Housing Distribution
Address Breakdown
Residential
15,452
Single Family
13,875
Multi-Family
1,577
Businesses
375
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Listed by: Blake Shultz • ARC Realty - Hoover
Mls Name: GALMLS
Mls ID: #21435081