2089 Knollwood PlBirminghamAL35242
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
Investment property for sale in Birmingham at 2089 Knollwood Pl, Birmingham, AL, 35242 with 5% annual appreciation on a $774,900 basis while $5,568/mo rent supports operations. Total monthly income totals $5,568/mo and a $3,793/mo payment preserves $1,013/mo for cash returns. Annual cash flow comes to $12,159/yr on $254,942 deployed, and return on cash invested reaches 24.83% in year one. Equity gained on principal adds $5,000/yr, and five-year appreciation sums $214,091 alongside rental yield of 8.62%. Five-year ROI measures 128.79% and total cumulative return in cash totals $328,343.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,568/mo property income versus a $3,793/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
0.49 Acres lot
$N/A/sqft
$1,500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35242, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,541 (100%) |
| Owner Occupied HU | 16,696 (65.4%) |
| Renter Occupied HU | 7,600 (29.8%) |
| Vacant Housing Units | 1,245 ( 4.9%) |
| Median Home Value | $468,745 |
| Average Home Value | $539,210 |
Housing Distribution
Address Breakdown
Residential
24,947
Single Family
18,515
Multi-Family
6,432
Businesses
1,615
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Gamble • Embridge Realty, LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21403397
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.