2013 Chardonnay WayVestavia HillsAL35216
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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 Vestavia Hills at 2013 Chardonnay Way, Vestavia Hills, AL, 35216 priced at $359,999 converts $2,382/mo rent into $277/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,382/mo, and annual cash flow totals $3,325/yr on $119,340 invested. Return on cash invested prints 22.7% in year one, and rental yield reads 7.94% against a $359,999 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation compiles into $99,461 by year five. Five-year ROI reaches 117.36% and total cumulative return in cash sums $140,061. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,382/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 1993
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35216, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,677 (100%) |
| Owner Occupied HU | 8,293 (46.9%) |
| Renter Occupied HU | 7,807 (44.2%) |
| Vacant Housing Units | 1,577 ( 8.9%) |
| Median Home Value | $397,800 |
| Average Home Value | $488,346 |
Housing Distribution
Address Breakdown
Residential
16,676
Single Family
10,881
Multi-Family
5,795
Businesses
1,467
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Listed by: Grace Gethi • Keller Williams Realty Hoover
Mls Name: GALMLS
Mls Provider:
Mls ID: #21406483
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.