1834 Oakleaf LnBirminghamAL35215
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 1834 Oakleaf Ln, Birmingham, AL, 35215 generates $1,273/mo in rent and, after a $783/mo payment, leaves $370/mo in cash flow. Total monthly income is $1,273/mo, and annual cash flow is $4,440/yr on $53,040 invested. Return on cash invested sits at 28.28% in year one, and rental yield is 9.55% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 147.02% and total cumulative return in cash sums $77,978. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,273/mo property income rather than buyer’s personal income.
Townhouse
Built in 1973
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35215, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,407 (100%) |
| Owner Occupied HU | 8,913 (45.9%) |
| Renter Occupied HU | 7,980 (41.1%) |
| Vacant Housing Units | 2,514 (13.0%) |
| Median Home Value | $162,989 |
| Average Home Value | $234,141 |
Housing Distribution
Address Breakdown
Residential
19,014
Single Family
15,777
Multi-Family
3,237
Businesses
835
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brit Mayes • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls ID: #21424690