2909 Macalpine CirBirminghamAL35242
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2909 Macalpine Cir, Birmingham, AL, 35242 listed at $469,900 pairs $2,814/mo rent with a $2,300/mo payment to leave $162/mo cash flow. Total monthly income runs $2,814/mo, and annual cash flow reaches $1,939/yr on $155,772 cash to close. Return on cash invested measures 21.15% in year one, and rental yield registers 7.19% at a $469,900 basis. Equity gained on principal adds $3,032/yr, and annual property appreciation at 5% supports $129,825 by year five. Five-year ROI tracks 108.8% and total cumulative return in cash totals $169,478. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,814/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
10,454 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pam Grant • ARC Realty 280
Mls Name: GALMLS
Mls ID: #21438770