231 Kingston CirBirminghamAL35211
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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
Rental property for sale in Birmingham at 231 Kingston Cir, Birmingham, AL, 35211 priced at $321,900 pairs $2,474/mo rent with $657/mo cash flow after a $1,576/mo payment. Total monthly income equals $2,474/mo, and annual cash flow comes to $7,879/yr on $106,710 invested. Return on cash invested is 27.29% in year one, and rental yield stands at 9.22% on a $321,900 basis. Equity gained on principal adds $2,077/yr, and 5% annual appreciation accumulates to $88,935 by year five. Five-year ROI measures 141.74% and total cumulative return in cash reaches $151,248. For financing, Ziffy Mortgage’s DSCR program evaluates $2,474/mo property income against a $1,576/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35211, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,583 (100%) |
| Owner Occupied HU | 4,867 (35.8%) |
| Renter Occupied HU | 6,218 (45.8%) |
| Vacant Housing Units | 2,498 (18.4%) |
| Median Home Value | $127,860 |
| Average Home Value | $225,345 |
Housing Distribution
Address Breakdown
Residential
12,074
Single Family
9,184
Multi-Family
2,890
Businesses
679
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Listed by: Shannon Wormley • Keller Williams Realty Hoover
Mls Name: GALMLS
Mls ID: #21436065