2312 Southampton DrHooverAL35226
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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 Hoover at 2312 Southampton Dr, Hoover, AL, 35226 generates $5,090/mo in rent and, after a $3,377/mo payment, leaves $932/mo in cash flow. Total monthly income is $5,090/mo, and annual cash flow is $11,189/yr on $227,010 invested. Return on cash invested sits at 24.99% in year one, and rental yield is 8.85% on a $690,000 entry. Equity gained on principal adds $4,452/yr, while 5% annual appreciation builds toward $190,634 over five years. Five-year ROI reaches 129.84% and total cumulative return in cash sums $294,752. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,090/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
9,147 sqft lot
$N/A/sqft
$1,039 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35226, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,020 (100%) |
| Owner Occupied HU | 11,515 (76.7%) |
| Renter Occupied HU | 2,923 (19.5%) |
| Vacant Housing Units | 582 ( 3.9%) |
| Median Home Value | $395,301 |
| Average Home Value | $448,486 |
Housing Distribution
Address Breakdown
Residential
15,452
Single Family
13,875
Multi-Family
1,577
Businesses
375
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Listed by: Manda Luccasen • ARC Realty Cahaba Heights
Mls Name: GALMLS
Mls Provider:
Mls ID: #21397257
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.