3309 Stoneridge DrMountain BrookAL35223
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
Investment property for sale in Mountain Brook at 3309 Stoneridge Dr, Mountain Brook, AL, 35223 with 5% annual appreciation on a $635,000 basis while $4,532/mo rent supports operations. Total monthly income totals $4,532/mo and a $3,108/mo payment preserves $662/mo for cash returns. Annual cash flow comes to $7,944/yr on $208,915 deployed, and return on cash invested reaches 23.86% in year one. Equity gained on principal adds $4,098/yr, and five-year appreciation sums $175,439 alongside rental yield of 8.56%. Five-year ROI measures 123.88% and total cumulative return in cash totals $258,812.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,532/mo property income versus a $3,108/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35223, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,820 (100%) |
| Owner Occupied HU | 3,934 (81.6%) |
| Renter Occupied HU | 707 (14.7%) |
| Vacant Housing Units | 179 ( 3.7%) |
| Median Home Value | $722,762 |
| Average Home Value | $923,552 |
Housing Distribution
Address Breakdown
Residential
4,894
Single Family
4,346
Multi-Family
548
Businesses
689
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Bullard • ARC Realty - Homewood
Mls Name: GALMLS
Mls Provider:
Mls ID: #21407689
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.