409 Morning Sun DrBirminghamAL35242
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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 409 Morning Sun Dr, Birmingham, AL, 35242 earns $756/mo cash flow from $1,710/mo rent with a $827/mo payment. Total monthly income totals $1,710/mo, and annual cash flow totals $9,075/yr on $56,024 capital. ROI tracks 36.11% on current figures, and rental yield reads 12.14% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 189.06% and total cumulative return in cash sums $105,919. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,710/mo property income instead of your personal income.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35242, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,541 (100%) |
| Owner Occupied HU | 16,696 (65.4%) |
| Renter Occupied HU | 7,600 (29.8%) |
| Vacant Housing Units | 1,245 ( 4.9%) |
| Median Home Value | $468,745 |
| Average Home Value | $539,210 |
Housing Distribution
Address Breakdown
Residential
24,947
Single Family
18,515
Multi-Family
6,432
Businesses
1,615
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Listed by: Amy Lawson • Mountain Brook Village
Mls Name: RealtySouth
Mls ID: #21419276