2616 Chimney Hills CirBirminghamAL35226
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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 Birmingham at 2616 Chimney Hills Cir, Birmingham, AL, 35226 priced at $524,000 pairs $3,161/mo rent with $72/mo cash flow after a $2,565/mo payment. Total monthly income equals $3,161/mo, and annual cash flow comes to $864/yr on $172,396 invested. Return on cash invested is 20.56% in year one, and rental yield stands at 7.24% on a $524,000 basis. Equity gained on principal adds $3,381/yr, and 5% annual appreciation accumulates to $144,772 by year five. Five-year ROI measures 105.91% and total cumulative return in cash reaches $182,587. For financing, Ziffy Mortgage’s DSCR program evaluates $3,161/mo property income against a $2,565/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
0.39 Acres 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: Jackson King • ERA King Real Estate Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21418095
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.