432 Ramsay RdBirminghamAL35242
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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 432 Ramsay Rd, Birmingham, AL, 35242 listed at $872,500 pairs $6,568/mo rent with a $4,270/mo payment to leave $1,365/mo cash flow. Total monthly income runs $6,568/mo, and annual cash flow reaches $16,383/yr on $287,053 cash to close. Return on cash invested measures 25.77% in year one, and rental yield registers 9.03% at a $872,500 basis. Equity gained on principal adds $5,630/yr, and annual property appreciation at 5% supports $241,056 by year five. Five-year ROI tracks 133.93% and total cumulative return in cash totals $384,462. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,568/mo property income relative to a $4,270/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.56 Acres lot
$N/A/sqft
$1,700 annually 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: Catherine Longenecker • Flat Fee Real Estate Birmingha
Mls Name: GALMLS
Mls Provider:
Mls ID: #21409161
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.