308 Saint John Rd NWBirminghamAL35215
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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
Rental property for sale in Birmingham at 308 Saint John Rd NW, Birmingham, AL, 35215 priced at $249,900 pairs $1,958/mo rent with $548/mo cash flow after a $1,223/mo payment. Total monthly income equals $1,958/mo, and annual cash flow comes to $6,571/yr on $82,842 invested. Return on cash invested is 27.84% in year one, and rental yield stands at 9.4% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 144.68% and total cumulative return in cash reaches $119,858. For financing, Ziffy Mortgage’s DSCR program evaluates $1,958/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35215, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,407 (100%) |
| Owner Occupied HU | 8,913 (45.9%) |
| Renter Occupied HU | 7,980 (41.1%) |
| Vacant Housing Units | 2,514 (13.0%) |
| Median Home Value | $162,989 |
| Average Home Value | $234,141 |
Housing Distribution
Address Breakdown
Residential
19,014
Single Family
15,777
Multi-Family
3,237
Businesses
835
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Listed by: Darrell Sanderson • Joseph Carter Realty
Mls Name: Walker County Area MLS
Mls ID: #26-144