1718 Teakwood LnBirminghamAL35235
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
Rental property for sale in Birmingham at 1718 Teakwood Ln, Birmingham, AL, 35235 priced at $215,000 pairs $1,871/mo rent with $658/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,871/mo, and annual cash flow comes to $7,893/yr on $71,273 invested. Return on cash invested is 30.98% in year one, and rental yield stands at 10.44% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 161.5% and total cumulative return in cash reaches $115,105. For financing, Ziffy Mortgage’s DSCR program evaluates $1,871/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
0.25 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole Blount-Kirksey • EXP Realty LLC
Mls Name: GALMLS
Mls ID: #21436801