280 Highland View DrBirminghamAL35242
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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 280 Highland View Dr, Birmingham, AL, 35242 priced at $1,699,900 pairs $6,937/mo rent with after a $8,320/mo payment. Total monthly income equals $6,937/mo. Return on cash invested is 14.58% in year one, and rental yield stands at 4.9% on a $1,699,900 basis. Equity gained on principal adds $10,969/yr, and 5% annual appreciation accumulates to $469,651 by year five. Five-year ROI measures 73.43% and total cumulative return in cash reaches $404,448. For financing, Ziffy Mortgage’s DSCR program evaluates $6,937/mo property income against a $8,320/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35242, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,541 (100%) |
| Owner Occupied HU | 16,696 (65.4%) |
| Renter Occupied HU | 7,600 (29.8%) |
| Vacant Housing Units | 1,245 ( 4.9%) |
| Median Home Value | $468,745 |
| Average Home Value | $539,210 |
Housing Distribution
Address Breakdown
Residential
24,947
Single Family
18,515
Multi-Family
6,432
Businesses
1,615
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Listed by: Terry Crutchfield • ARC Realty 280
Mls Name: GALMLS
Mls ID: #21439567