3605 Carisbrooke PkwyBirminghamAL35226
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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 3605 Carisbrooke Pkwy, Birmingham, AL, 35226 listed at $945,000 pairs $7,681/mo rent with a $4,625/mo payment to leave $2,347/mo cash flow. Total monthly income runs $7,681/mo, and annual cash flow reaches $28,167/yr on $310,905 cash to close. Return on cash invested measures 29.12% in year one, and rental yield registers 9.75% at a $945,000 basis. Equity gained on principal adds $6,098/yr, and annual property appreciation at 5% supports $261,086 by year five. Five-year ROI tracks 151.49% and total cumulative return in cash totals $470,980. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,681/mo property income relative to a $4,625/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
1.69 Acres 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
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Listed by: Amber Blackburn • eXp Realty, LLC Central
Mls Name: GALMLS
Mls ID: #21438215