3321 Overton RdMountain BrookAL35243
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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 Mountain Brook at 3321 Overton Rd, Mountain Brook, AL, 35243 priced at $665,000 converts $4,841/mo rent into $851/mo cash flow after a $3,255/mo obligation. Total monthly income equals $4,841/mo, and annual cash flow totals $10,214/yr on $218,785 invested. Return on cash invested prints 24.73% in year one, and rental yield reads 8.74% against a $665,000 entry. Equity gained on principal adds $4,291/yr, while 5% annual appreciation compiles into $183,727 by year five. Five-year ROI reaches 128.41% and total cumulative return in cash sums $280,951. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,841/mo property income covering a $3,255/mo payment, not borrower’s personal income.
Single Family
Built in 1965
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 • RealtySouth-MB-Crestline
Mls Name: GALMLS
Mls Provider:
Mls ID: #21415260
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.