328 Shenandoah DrBirminghamAL35226
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
Rental property for sale in Birmingham at 328 Shenandoah Dr, Birmingham, AL, 35226 generates $2,674/mo in rent and, after a $1,810/mo payment, leaves $511/mo in cash flow. Total monthly income is $2,674/mo, and annual cash flow is $6,129/yr on $122,622 invested. Return on cash invested sits at 24.91% in year one, and rental yield is 8.67% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 129.2% and total cumulative return in cash sums $158,422. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,674/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.76 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leda Mims • ARC Realty - Hoover
Mls Name: GALMLS
Mls Provider:
Mls ID: #21411863
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.