3608 Kingshill RdBirminghamAL35223
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
Rental property for sale in Birmingham at 3608 Kingshill Rd, Birmingham, AL, 35223 priced at $690,000 pairs $5,297/mo rent with $1,177/mo cash flow after a $3,377/mo payment. Total monthly income equals $5,297/mo, and annual cash flow comes to $14,118/yr on $227,010 invested. Return on cash invested is 26.28% in year one, and rental yield stands at 9.21% on a $690,000 basis. Equity gained on principal adds $4,452/yr, and 5% annual appreciation accumulates to $190,634 by year five. Five-year ROI measures 136.68% and total cumulative return in cash reaches $310,280. For financing, Ziffy Mortgage’s DSCR program evaluates $5,297/mo property income against a $3,377/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35223, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,820 (100%) |
| Owner Occupied HU | 3,934 (81.6%) |
| Renter Occupied HU | 707 (14.7%) |
| Vacant Housing Units | 179 ( 3.7%) |
| Median Home Value | $722,762 |
| Average Home Value | $923,552 |
Housing Distribution
Address Breakdown
Residential
4,894
Single Family
4,346
Multi-Family
548
Businesses
689
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Listed by: Matthew Coleman • Keller Williams Homewood
Mls Name: GALMLS
Mls Provider:
Mls ID: #21396027
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.