3938 Sydney Dr #X7AD24BirminghamAL35211
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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 3938 Sydney Dr #X7AD24, Birmingham, AL, 35211 offers a 7.24% rental yield on a $423,000 purchase with $2,552/mo rent. Total monthly income registers $2,552/mo, and a $2,070/mo payment leaves $165/mo available for distribution. Annual cash flow reaches $1,977/yr on $140,225 to close, and return on cash invested stands at 21.32% in year one. Equity gained on principal adds $2,730/yr while 5% annual appreciation supports $116,867 over five years. Portfolio math shows five-year ROI at 109.68% and total cumulative return in cash at $153,793. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,552/mo property income against a $2,070/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35211, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,583 (100%) |
| Owner Occupied HU | 4,867 (35.8%) |
| Renter Occupied HU | 6,218 (45.8%) |
| Vacant Housing Units | 2,498 (18.4%) |
| Median Home Value | $127,860 |
| Average Home Value | $225,345 |
Housing Distribution
Address Breakdown
Residential
12,074
Single Family
9,184
Multi-Family
2,890
Businesses
679
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