2416 Shades Crest RdVestavia HillsAL35216
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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
Rental property for sale in Vestavia Hills at 2416 Shades Crest Rd, Vestavia Hills, AL, 35216 generates $2,800/mo in rent, after a $8,560/mo payment. Total monthly income is $2,800/mo. Return on cash invested sits at 5.39% in year one, and rental yield is 1.92% on a $1,749,000 entry. Equity gained on principal adds $11,286/yr, while 5% annual appreciation builds toward $483,216 over five years. Five-year ROI reaches 24.18% and total cumulative return in cash sums $137,023. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,800/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35216, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,677 (100%) |
| Owner Occupied HU | 8,293 (46.9%) |
| Renter Occupied HU | 7,807 (44.2%) |
| Vacant Housing Units | 1,577 ( 8.9%) |
| Median Home Value | $397,800 |
| Average Home Value | $488,346 |
Housing Distribution
Address Breakdown
Residential
16,676
Single Family
10,881
Multi-Family
5,795
Businesses
1,467
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Listed by: Blair Moss • Ray & Poynor Properties
Mls Name: GALMLS
Mls ID: #21430283