2416 Cahaba River EstHooverAL35244
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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 $5,125/mo, and a $4,772/mo payment. Purchase price stands at $975,000, and rental yield measures 6.31% with $5,125/mo rent. Return on cash invested shows 18.65% in year one, and 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 95.3% and total cumulative return in cash records $305,715. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,125/mo property income covering a $4,772/mo payment rather than investor’s personal income.
Single Family
Built in 1974
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35244, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,341 (100%) |
| Owner Occupied HU | 10,823 (66.2%) |
| Renter Occupied HU | 4,785 (29.3%) |
| Vacant Housing Units | 733 ( 4.5%) |
| Median Home Value | $410,683 |
| Average Home Value | $449,563 |
Housing Distribution
Address Breakdown
Residential
16,162
Single Family
12,039
Multi-Family
4,123
Businesses
1,624
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Listed by: Harold Collins • eXp Realty, LLC Central
Mls Name: GALMLS
Mls Provider:
Mls ID: #21425512
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.