2323 Brookshire Pl #2323BirminghamAL35213
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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 2323 Brookshire Pl #2323, Birmingham, AL, 35213 offers a 3.67% rental yield on a $629,000 purchase with $1,922/mo rent. 62% in year one. Equity gained on principal adds $4,059/yr while 5% annual appreciation supports $173,781 over five years. Portfolio math shows five-year ROI at 52.27% and total cumulative return in cash at $108,165. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,922/mo property income against a $3,079/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35213, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,571 (100%) |
| Owner Occupied HU | 4,263 (64.9%) |
| Renter Occupied HU | 2,001 (30.5%) |
| Vacant Housing Units | 307 ( 4.7%) |
| Median Home Value | $650,762 |
| Average Home Value | $795,174 |
Housing Distribution
Address Breakdown
Residential
6,523
Single Family
5,252
Multi-Family
1,271
Businesses
470
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Listed by: Amy Ager • LAH Sotheby's International Re
Mls Name: GALMLS
Mls Provider:
Mls ID: #21421955
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.