2057 Forestdale BlvdBirminghamAL35214
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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 2057 Forestdale Blvd, Birmingham, AL, 35214 generates $1,105/mo in rent and, after a $685/mo payment, leaves $315/mo in cash flow. Total monthly income is $1,105/mo, and annual cash flow is $3,780/yr on $46,410 invested. Return on cash invested sits at 28.05% in year one, and rental yield is 9.47% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 145.8% and total cumulative return in cash sums $67,666. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,105/mo property income rather than buyer’s personal income.
Single Family
Built in 1939
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35214, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,272 (100%) |
| Owner Occupied HU | 4,940 (59.7%) |
| Renter Occupied HU | 2,416 (29.2%) |
| Vacant Housing Units | 916 (11.1%) |
| Median Home Value | $162,610 |
| Average Home Value | $211,189 |
Housing Distribution
Address Breakdown
Residential
7,960
Single Family
7,374
Multi-Family
586
Businesses
391
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Listed by: Caroline Grimes • EXIT Realty Sweet HOMElife
Mls Name: GALMLS
Mls ID: #21425785