2104 Arrowleaf DrBirminghamAL35244
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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 2104 Arrowleaf Dr, Birmingham, AL, 35244 priced at $390,000 converts $4,697/mo rent into $2,432/mo cash flow after a $1,909/mo obligation. Total monthly income equals $4,697/mo, and annual cash flow totals $29,180/yr on $129,285 invested. Return on cash invested prints 42.48% in year one, and rental yield reads 14.45% against a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation compiles into $107,750 by year five. Five-year ROI reaches 223.38% and total cumulative return in cash sums $288,800. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,697/mo property income covering a $1,909/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.52 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35244, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,341 (100%) |
| Owner Occupied HU | 10,823 (66.2%) |
| Renter Occupied HU | 4,785 (29.3%) |
| Vacant Housing Units | 733 ( 4.5%) |
| Median Home Value | $410,683 |
| Average Home Value | $449,563 |
Housing Distribution
Address Breakdown
Residential
16,162
Single Family
12,039
Multi-Family
4,123
Businesses
1,624
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Listed by: Mary Bell • LAH - Homewood
Mls Name: GALMLS
Mls Provider:
Mls ID: #21397405
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.