2904 Clydebank CirBirminghamAL35242
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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 2904 Clydebank Cir, Birmingham, AL, 35242 uses $138,236 cash to close to unlock $425/yr annual cash flow and $35/mo monthly cash flow. Total monthly income runs $2,410/mo, and a $2,041/mo payment keeps the spread at $35/mo. Purchase price stands at $417,000, and rental yield measures 6.94% with $2,410/mo rent. Return on cash invested shows 20.22% in year one, and 5% annual appreciation builds toward $115,209 over five years. Five-year ROI reaches 103.86% and total cumulative return in cash records $143,569. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,410/mo property income covering a $2,041/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.26 Acres lot
$N/A/sqft
$250 annually 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: Amy Pewitt • Flat Fee Real Estate Birmingha
Mls Name: GALMLS
Mls Provider:
Mls ID: #21427481
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.