1735 Saulter Rd, Homewood, AL, 35209 | 6.24% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2976 sft

11067 Highway 55, Sterrett, AL, 35147

4 Bed
2 Bath
1930 sft

100 Pure Leaf Dr, Wilsonville, AL, 35186

3 Bed
2 Bath
1760 sft

1234 Simms Rdg, Pelham, AL, 35124

4 Bed
3 Bath
3366 sft

5901 Canterbury Run, Pinson, AL, 35126

Nearby investment properties with comparable prices

4 Bed
3 Bath
2046 sft

412 Still Oaks Cir, Trussville, AL, 35173

4 Bed
3 Bath
3175 sft

6001 Bent River Cv, Birmingham, AL, 35216

4 Bed
3 Bath
3011 sft

312 Cornwall Dr, Maylene, AL, 35114

3 Bed
3 Bath
2175 sft

621 59th St, Birmingham, AL, 35212

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $3,119/mo, and a $2,937/mo payment. Purchase price stands at $600,000, and rental yield measures 6.24% with $3,119/mo rent. Return on cash invested shows 18.43% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 94.15% and total cumulative return in cash records $185,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,119/mo property income covering a $2,937/mo payment rather than investor’s personal income.

Single Family

Built in 1945

0.53 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 35209, Birmingham, AL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,204 (100%)
Owner Occupied HU	5,576 (39.3%)
Renter Occupied HU	6,610 (46.5%)
Vacant Housing Units	2,018 (14.2%)
Median Home Value	$487,776
Average Home Value	$591,314