3000 Spencer WayBirminghamAL35226
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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 3000 Spencer Way, Birmingham, AL, 35226 with 5% annual appreciation on a $632,000 basis while $3,348/mo rent supports operations. 8% in year one. Equity gained on principal adds $4,078/yr, and five-year appreciation sums $174,610 alongside rental yield of 6.36%. Five-year ROI measures 96.11% and total cumulative return in cash totals $199,838. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,348/mo property income versus a $3,093/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
7,405 sqft 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: Savannah McFarland • ARC Realty - Hoover
Mls Name: GALMLS
Mls ID: #21438143