2204 Diane DrBirminghamAL35235
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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
Investment property for sale in Birmingham at 2204 Diane Dr, Birmingham, AL, 35235 uses $66,300 cash to close to unlock $8,298/yr annual cash flow and $692/mo monthly cash flow. Total monthly income runs $1,825/mo, and a $979/mo payment keeps the spread at $692/mo. Purchase price stands at $200,000, and rental yield measures 10.95% with $1,825/mo rent. Return on cash invested shows 32.42% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 169.3% and total cumulative return in cash records $112,244. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,825/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35235, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,834 (100%) |
| Owner Occupied HU | 5,097 (57.7%) |
| Renter Occupied HU | 2,992 (33.9%) |
| Vacant Housing Units | 745 ( 8.4%) |
| Median Home Value | $191,405 |
| Average Home Value | $260,508 |
Housing Distribution
Address Breakdown
Residential
8,419
Single Family
7,608
Multi-Family
811
Businesses
711
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Listed by: Mary Stephenson • RealtySouth-Trussville Office
Mls Name: GALMLS
Mls Provider:
Mls ID: #21397870
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.