3321 Overton RdBirminghamAL35243
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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 3321 Overton Rd, Birmingham, AL, 35243 listed at $679,500 pairs $3,840/mo rent with a $3,326/mo payment to leave $4/mo cash flow. Total monthly income runs $3,840/mo, and annual cash flow reaches $52/yr on $223,556 cash to close. Return on cash invested measures 20.08% in year one, and rental yield registers 6.78% at a $679,500 basis. Equity gained on principal adds $4,385/yr, and annual property appreciation at 5% supports $187,733 by year five. Five-year ROI tracks 103.03% and total cumulative return in cash totals $230,327. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,840/mo property income relative to a $3,326/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35243, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,028 (100%) |
| Owner Occupied HU | 5,629 (51.0%) |
| Renter Occupied HU | 4,756 (43.1%) |
| Vacant Housing Units | 643 ( 5.8%) |
| Median Home Value | $498,768 |
| Average Home Value | $635,274 |
Housing Distribution
Address Breakdown
Residential
10,852
Single Family
7,638
Multi-Family
3,214
Businesses
1,480
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Listed by: James Faulkner • Mountain Brook Crestline
Mls Name: RealtySouth
Mls Provider:
Mls ID: #21415260