3709 Dover DrMountain BrookAL35223
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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 Mountain Brook at 3709 Dover Dr, Mountain Brook, AL, 35223 offers a 4.97% rental yield on a $1,145,000 purchase with $4,740/mo rent. 8% in year one. Equity gained on principal adds $7,389/yr while 5% annual appreciation supports $316,342 over five years. Portfolio math shows five-year ROI at 74.61% and total cumulative return in cash at $276,780. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,740/mo property income against a $5,604/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.51 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: Buffy Allen • Ray & Poynor Properties
Mls Name: GALMLS
Mls ID: #21421846