340 Amber LnBirminghamAL35226
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 Birmingham at 340 Amber Ln, Birmingham, AL, 35226 offers a 10.05% rental yield on a $340,000 purchase with $2,848/mo rent. Total monthly income registers $2,848/mo, and a $1,664/mo payment leaves $929/mo available for distribution. Annual cash flow reaches $11,148/yr on $112,710 to close, and return on cash invested stands at 29.8% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 155.16% and total cumulative return in cash at $174,882. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,848/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2007
6,534 sqft 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: Aimee George • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls ID: #21438113