304 Sterling Oaks DrBirminghamAL35244
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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 304 Sterling Oaks Dr, Birmingham, AL, 35244 at $199,900 posts ROI 36.23% with $901/mo cash flow from $2,029/mo rent. Total monthly income equals $2,029/mo, and annual cash flow records $10,813/yr on $66,267 to close. Return on cash invested measures 36.23% and rental yield reads 12.18% at the current $199,900. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 by year five. Five-year ROI prints 189.71% and total cumulative return in cash totals $125,713.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,029/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35244, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,341 (100%) |
| Owner Occupied HU | 10,823 (66.2%) |
| Renter Occupied HU | 4,785 (29.3%) |
| Vacant Housing Units | 733 ( 4.5%) |
| Median Home Value | $410,683 |
| Average Home Value | $449,563 |
Housing Distribution
Address Breakdown
Residential
16,162
Single Family
12,039
Multi-Family
4,123
Businesses
1,624
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Listed by: Langston Hereford • Mountain Brook Crestline
Mls Name: RealtySouth
Mls ID: #21425410