1867 Valgreen Ln #8BirminghamAL35226
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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 1867 Valgreen Ln #8, Birmingham, AL, 35226 uses $94,478 cash to close to unlock $915/yr annual cash flow and $76/mo monthly cash flow. Total monthly income runs $1,685/mo, and a $1,395/mo payment keeps the spread at $76/mo. Purchase price stands at $285,000, and rental yield measures 7.09% with $1,685/mo rent. Return on cash invested shows 20.88% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 107.36% and total cumulative return in cash records $101,430. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,685/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Condo
Built in 1970
N/A 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: Michael Thomason • ARC Realty Vestavia
Mls Name: GALMLS
Mls ID: #21434096