282 Vineyard LnBirminghamAL35242
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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
Investment property for sale in Birmingham at 282 Vineyard Ln, Birmingham, AL, 35242 with 5% annual appreciation on a $419,900 basis while $2,822/mo rent supports operations. Total monthly income totals $2,822/mo and a $2,055/mo payment preserves $452/mo for cash returns. Annual cash flow comes to $5,425/yr on $139,197 deployed, and return on cash invested reaches 23.81% in year one. Equity gained on principal adds $2,710/yr, and five-year appreciation sums $116,011 alongside rental yield of 8.06%. Five-year ROI measures 123.05% and total cumulative return in cash totals $171,288.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,822/mo property income versus a $2,055/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
6,098 sqft 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: Conner Milam • RealtySouth-Inverness Office
Mls Name: GALMLS
Mls ID: #21439977