201 Lake Drive Cir NEBirminghamAL35215
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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 201 Lake Drive Cir NE, Birmingham, AL, 35215 listed at $138,000 pairs $1,082/mo rent with a $675/mo payment to leave $304/mo cash flow. Total monthly income runs $1,082/mo, and annual cash flow reaches $3,642/yr on $45,747 cash to close. Return on cash invested measures 27.87% in year one, and rental yield registers 9.41% at a $138,000 basis. Equity gained on principal adds $890/yr, and annual property appreciation at 5% supports $38,127 by year five. Five-year ROI tracks 144.89% and total cumulative return in cash totals $66,282. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,082/mo property income relative to a $675/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
0.43 Acres 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
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Listed by: Michael Bryant • High Point Realty LLC
Mls Name: GALMLS
Mls ID: #21436811