2350 Montevallo RdBirminghamAL35223
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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 2350 Montevallo Rd, Birmingham, AL, 35223 offers a 7.51% rental yield on a $609,000 purchase with $3,809/mo rent. Total monthly income registers $3,809/mo, and a $2,981/mo payment leaves $371/mo available for distribution. Annual cash flow reaches $4,455/yr on $200,361 to close, and return on cash invested stands at 22.28% in year one. Equity gained on principal adds $3,930/yr while 5% annual appreciation supports $168,255 over five years. Portfolio math shows five-year ROI at 114.83% and total cumulative return in cash at $230,081. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,809/mo property income against a $2,981/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35223, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,820 (100%) |
| Owner Occupied HU | 3,934 (81.6%) |
| Renter Occupied HU | 707 (14.7%) |
| Vacant Housing Units | 179 ( 3.7%) |
| Median Home Value | $722,762 |
| Average Home Value | $923,552 |
Housing Distribution
Address Breakdown
Residential
4,894
Single Family
4,346
Multi-Family
548
Businesses
689
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Listed by: Kathryn Harwell • Mountain Brook Village
Mls Name: RealtySouth
Mls ID: #21432743