3840 River View DrBirminghamAL35243
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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 3840 River View Dr, Birmingham, AL, 35243 earns $738/mo cash flow from $3,560/mo rent with a $2,447/mo payment. Total monthly income totals $3,560/mo, and annual cash flow totals $8,857/yr on $165,717 capital. ROI tracks 25.25% on current figures, and rental yield reads 8.55% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 130.81% and total cumulative return in cash sums $216,780. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,560/mo property income instead of your personal income.
Single Family
Built in 1977
1.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35243, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,028 (100%) |
| Owner Occupied HU | 5,629 (51.0%) |
| Renter Occupied HU | 4,756 (43.1%) |
| Vacant Housing Units | 643 ( 5.8%) |
| Median Home Value | $498,768 |
| Average Home Value | $635,274 |
Housing Distribution
Address Breakdown
Residential
10,852
Single Family
7,638
Multi-Family
3,214
Businesses
1,480
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Listed by: Langston Hereford • RealtySouth-MB-Crestline
Mls Name: GALMLS
Mls ID: #21438154