3400 Loch Ridge DrBirminghamAL35216
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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 3400 Loch Ridge Dr, Birmingham, AL, 35216 listed at $349,000 pairs $2,616/mo rent with a $1,708/mo payment to leave $646/mo cash flow. Total monthly income runs $2,616/mo, and annual cash flow reaches $7,755/yr on $115,694 cash to close. Return on cash invested measures 26.61% in year one, and rental yield registers 8.99% at a $349,000 basis. Equity gained on principal adds $2,252/yr, and annual property appreciation at 5% supports $96,422 by year five. Five-year ROI tracks 138.1% and total cumulative return in cash totals $159,768. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,616/mo property income relative to a $1,708/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35216, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,677 (100%) |
| Owner Occupied HU | 8,293 (46.9%) |
| Renter Occupied HU | 7,807 (44.2%) |
| Vacant Housing Units | 1,577 ( 8.9%) |
| Median Home Value | $397,800 |
| Average Home Value | $488,346 |
Housing Distribution
Address Breakdown
Residential
16,676
Single Family
10,881
Multi-Family
5,795
Businesses
1,467
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Listed by: Heidi Calamusa • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls ID: #21439417