2202 Magnolia CvVestaviaAL35243
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 2202 Magnolia Cv, Vestavia, AL, 35243 in Vestavia at $1,079,000, 5.01% gross yield, is a market-growth asset. Rental yield 5.01%. The $4,502/mo rent partially funds the $4,852/mo debt service; the core return is the 5%/yr price growth projected to add $298,108 over five years. Ziffy Mortgage's DSCR mortgage (0.93) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $287,559.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 6.5% |
| Monthly Cash Flow | $(1,869) | $1,200 |
City averages based on Vestavia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,502 |
| Total Monthly Debt Service | $5,941 |
| DSCR Ratio | 0.76x |
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 1997
0.76 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35243, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,028 (100%) |
| Owner Occupied HU | 5,629 (51.0%) |
| Renter Occupied HU | 4,756 (43.1%) |
| Vacant Housing Units | 643 ( 5.8%) |
| Median Home Value | $498,768 |
| Average Home Value | $635,274 |
Housing Distribution
Address Breakdown
Residential
10,852
Single Family
7,638
Multi-Family
3,214
Businesses
1,480
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 1997
0.76 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35243, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,028 (100%) |
| Owner Occupied HU | 5,629 (51.0%) |
| Renter Occupied HU | 4,756 (43.1%) |
| Vacant Housing Units | 643 ( 5.8%) |
| Median Home Value | $498,768 |
| Average Home Value | $635,274 |
Housing Distribution
Address Breakdown
Residential
10,852
Single Family
7,638
Multi-Family
3,214
Businesses
1,480
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shelley Watkins • ARC Realty - Homewood
Mls Name: GALMLS
Mls Provider:
Mls ID: #21415412
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.