2324 Longleaf WayBirminghamAL35243
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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 2324 Longleaf Way, Birmingham, AL, 35243 earns from $3,840/mo rent with a $9,667/mo payment. Total monthly income totals $3,840/mo. ROI tracks 5.49% on current figures, and rental yield reads 2.33% at a $1,975,000 purchase. Equity gained on principal adds $12,744/yr, and 5% annual appreciation supports $545,656 over five years. Five-year ROI reaches 25.11% and total cumulative return in cash sums $160,662. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,840/mo property income instead of your personal income.
Single Family
Built in 2006
0.58 Acres lot
$N/A/sqft
$1,500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35243, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,028 (100%) |
| Owner Occupied HU | 5,629 (51.0%) |
| Renter Occupied HU | 4,756 (43.1%) |
| Vacant Housing Units | 643 ( 5.8%) |
| Median Home Value | $498,768 |
| Average Home Value | $635,274 |
Housing Distribution
Address Breakdown
Residential
10,852
Single Family
7,638
Multi-Family
3,214
Businesses
1,480
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Listed by: Beth Thomas • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21419566
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.