1904 Blackridge RdBirminghamAL35244
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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 1904 Blackridge Rd, Birmingham, AL, 35244 offers $5,243/mo rent that, after a $5,751/mo payment. Total monthly income is $5,243/mo. Return on cash invested measures 15.99% in year one, and rental yield stands at 5.35% at a $1,175,000 entry. Equity gained on principal adds $7,582/yr while 5% annual appreciation compounds into $324,631 by year five. Five-year ROI records 81% and total cumulative return in cash reaches $308,362. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,243/mo property income versus a $5,751/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35244, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,341 (100%) |
| Owner Occupied HU | 10,823 (66.2%) |
| Renter Occupied HU | 4,785 (29.3%) |
| Vacant Housing Units | 733 ( 4.5%) |
| Median Home Value | $410,683 |
| Average Home Value | $449,563 |
Housing Distribution
Address Breakdown
Residential
16,162
Single Family
12,039
Multi-Family
4,123
Businesses
1,624
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Listed by: Jordan Hosey • Real Broker LLC
Mls Name: GALMLS
Mls ID: #21425959