2244 Cheshire 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 2244 Cheshire Dr, Birmingham, AL, 35235 listed at $136,900 pairs $1,368/mo rent with a $670/mo payment to leave $541/mo cash flow. Total monthly income runs $1,368/mo, and annual cash flow reaches $6,492/yr on $45,382 cash to close. Return on cash invested measures 34.21% in year one, and rental yield registers 11.99% at a $136,900 basis. Equity gained on principal adds $883/yr, and annual property appreciation at 5% supports $37,823 by year five. Five-year ROI tracks 179.48% and total cumulative return in cash totals $81,453. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,368/mo property income relative to a $670/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1992
3,049 sqft 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: Sophia Leece • LAH Sotheby's International Re
Mls Name: GALMLS
Mls Provider:
Mls ID: #21416998
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.