2412 Chapel RdHooverAL35226
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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
Total monthly income runs $1,775/mo, and a $2,381/mo payment. Purchase price stands at $486,400, and rental yield measures 4.38% with $1,775/mo rent. Return on cash invested shows 11.49% in year one, and 5% annual appreciation builds toward $134,383 over five years. Five-year ROI reaches 57.41% and total cumulative return in cash records $92,566. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,775/mo property income covering a $2,381/mo payment rather than investor’s personal income.
Multi Family
Built in 1973
N/A lot
$N/A/sqft
No 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: Ralph Harvey • List With Freedom
Mls Name: GALMLS
Mls Provider:
Mls ID: #21405253
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.