220 S Oak DrBirminghamAL35242
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Birmingham at 220 S Oak Dr, Birmingham, AL, 35242 projects strong ROI of 10.85%. Rental yield 3.56%. With 5% annual appreciation, the property builds $718,332 in value over five years. Equity growth combined delivers a projected five-year ROI of 70.28%, translating into $516,176 in total cumulative return on $734,500 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.6% | 7.2% |
| Monthly Cash Flow | $(7,221) | $450 |
City averages based on Birmingham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,717 |
| Total Monthly Debt Service | $13,904 |
| DSCR Ratio | 0.56x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2023
3.50 Acres lot
$N/A/sqft
$3,150 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
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
Single Family
Built in 2023
3.50 Acres lot
$N/A/sqft
$3,150 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: Pam Grant • ARC Realty 280
Mls Name: GALMLS
Mls Provider:
Mls ID: #21386405
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.