3520 Ridgeview DrIrondaleAL35210
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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 Irondale at 3520 Ridgeview Dr, Irondale, AL, 35210 earns $1,286/mo cash flow from $2,528/mo rent with a $1,077/mo payment. Total monthly income totals $2,528/mo, and annual cash flow totals $15,432/yr on $72,930 capital. ROI tracks 41.07% on current figures, and rental yield reads 13.79% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 215.58% and total cumulative return in cash sums $157,223. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,528/mo property income instead of your personal income.
Single Family
Built in 1976
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35210, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,882 (100%) |
| Owner Occupied HU | 4,514 (65.6%) |
| Renter Occupied HU | 1,797 (26.1%) |
| Vacant Housing Units | 571 ( 8.3%) |
| Median Home Value | $311,367 |
| Average Home Value | $340,387 |
Housing Distribution
Address Breakdown
Residential
6,844
Single Family
5,867
Multi-Family
977
Businesses
1,078
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