204 Killough DrBirminghamAL35215
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 204 Killough Dr, Birmingham, AL, 35215 generates $1,640/mo in rent and, after a $1,223/mo payment, leaves $230/mo in cash flow. Total monthly income is $1,640/mo, and annual cash flow is $2,755/yr on $82,842 invested. Return on cash invested sits at 23.23% in year one, and rental yield is 7.88% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 119.97% and total cumulative return in cash sums $99,386. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,640/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.46 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam Snow • eXp Realty, LLC Central
Mls Name: GALMLS
Mls ID: #21438661