2142 Brookside Coalburg RdBirminghamAL35214
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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 2142 Brookside Coalburg Rd, Birmingham, AL, 35214 priced at $109,900 converts $826/mo rent into $206/mo cash flow after a $538/mo obligation. Total monthly income equals $826/mo, and annual cash flow totals $2,467/yr on $36,432 invested. Return on cash invested prints 26.68% in year one, and rental yield reads 9.02% against a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation compiles into $30,363 by year five. Five-year ROI reaches 138.52% and total cumulative return in cash sums $50,464. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $826/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.32 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: Mindy Sparkman • Keller Williams Realty Blount
Mls Name: GALMLS
Mls Provider:
Mls ID: #21415874
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.