3232 Warringwood DrVestavia HillsAL35216
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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 Vestavia Hills at 3232 Warringwood Dr, Vestavia Hills, AL, 35216 offers $2,078/mo rent that, after a $1,106/mo payment, leaves $641/mo cash flow. Total monthly income is $2,078/mo, and annual cash flow is $7,695/yr on $74,886 cash. Return on cash invested measures 30.18% in year one, and rental yield stands at 11.04% at a $225,900 entry. Equity gained on principal adds $1,458/yr while 5% annual appreciation compounds into $62,412 by year five. Five-year ROI records 158.23% and total cumulative return in cash reaches $118,491. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,078/mo property income versus a $1,106/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35216, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,677 (100%) |
| Owner Occupied HU | 8,293 (46.9%) |
| Renter Occupied HU | 7,807 (44.2%) |
| Vacant Housing Units | 1,577 ( 8.9%) |
| Median Home Value | $397,800 |
| Average Home Value | $488,346 |
Housing Distribution
Address Breakdown
Residential
16,676
Single Family
10,881
Multi-Family
5,795
Businesses
1,467
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Listed by: Tj Borling • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21413866
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.