3613 Fred L Shuttlesworth DrBirminghamAL35207
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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
Rental property for sale in Birmingham at 3613 Fred L Shuttlesworth Dr, Birmingham, AL, 35207 priced at $124,000 converts $1,720/mo rent into $1,020/mo cash flow after a $607/mo obligation. Total monthly income equals $1,720/mo, and annual cash flow totals $12,240/yr on $41,106 invested. Return on cash invested prints 49.69% in year one, and rental yield reads 16.65% against a $124,000 entry. Equity gained on principal adds $800/yr, while 5% annual appreciation compiles into $34,259 by year five. Five-year ROI reaches 261.81% and total cumulative return in cash sums $107,619. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,720/mo property income covering a $607/mo payment, not borrower’s personal income.
Single Family
Built in 1951
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35207, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,908 (100%) |
| Owner Occupied HU | 1,624 (41.6%) |
| Renter Occupied HU | 1,601 (41.0%) |
| Vacant Housing Units | 683 (17.5%) |
| Median Home Value | $94,643 |
| Average Home Value | $167,882 |
Housing Distribution
Address Breakdown
Residential
3,228
Single Family
2,927
Multi-Family
301
Businesses
274
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Listed by: Sean Zweifel • Real Broker LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21398787
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.