433 Wedgeworth RdBirminghamAL35215
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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
Rental property for sale in Birmingham at 433 Wedgeworth Rd, Birmingham, AL, 35215 priced at $133,357 converts $1,029/mo rent into $276/mo cash flow after a $653/mo obligation. Total monthly income equals $1,029/mo, and annual cash flow totals $3,312/yr on $44,208 invested. Return on cash invested prints 27.4% in year one, and rental yield reads 9.26% against a $133,357 entry. Equity gained on principal adds $861/yr, while 5% annual appreciation compiles into $36,844 by year five. Five-year ROI reaches 142.29% and total cumulative return in cash sums $62,905. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,029/mo property income covering a $653/mo payment, not borrower’s personal income.
Single Family
Built in 1959
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35215, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,407 (100%) |
| Owner Occupied HU | 8,913 (45.9%) |
| Renter Occupied HU | 7,980 (41.1%) |
| Vacant Housing Units | 2,514 (13.0%) |
| Median Home Value | $162,989 |
| Average Home Value | $234,141 |
Housing Distribution
Address Breakdown
Residential
19,014
Single Family
15,777
Multi-Family
3,237
Businesses
835
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Listed by: Jason Galaz • EXP Realty LLC
Mls Name: GALMLS
Mls ID: #21413438