2270 Smithfield Ln NBirminghamAL35207
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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 2270 Smithfield Ln N, Birmingham, AL, 35207 uses $51,383 cash to close to unlock $3,480/yr annual cash flow and $290/mo monthly cash flow. Total monthly income runs $1,226/mo, and a $759/mo payment keeps the spread at $290/mo. Purchase price stands at $155,000, and rental yield measures 9.49% with $1,226/mo rent. Return on cash invested shows 26.68% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 139.06% and total cumulative return in cash records $71,452. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,226/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35207, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,908 (100%) |
| Owner Occupied HU | 1,624 (41.6%) |
| Renter Occupied HU | 1,601 (41.0%) |
| Vacant Housing Units | 683 (17.5%) |
| Median Home Value | $94,643 |
| Average Home Value | $167,882 |
Housing Distribution
Address Breakdown
Residential
3,228
Single Family
2,927
Multi-Family
301
Businesses
274
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Listed by: Jeremy Galloway • eXp Realty, LLC Central
Mls Name: GALMLS
Mls Provider:
Mls ID: #21419358
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.