4364 Ridgemont CirBirminghamAL35244
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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 4364 Ridgemont Cir, Birmingham, AL, 35244 uses $86,787 cash to close to unlock $6,688/yr annual cash flow and $557/mo monthly cash flow. Total monthly income runs $2,191/mo, and a $1,281/mo payment keeps the spread at $557/mo. Purchase price stands at $261,800, and rental yield measures 10.04% with $2,191/mo rent. Return on cash invested shows 27.62% in year one, and 5% annual appreciation builds toward $72,331 over five years. Five-year ROI reaches 144.26% and total cumulative return in cash records $125,203. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,191/mo property income covering a $1,281/mo payment rather than investor’s personal income.
Single Family
Built in 2016
3,920 sqft lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35244, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,341 (100%) |
| Owner Occupied HU | 10,823 (66.2%) |
| Renter Occupied HU | 4,785 (29.3%) |
| Vacant Housing Units | 733 ( 4.5%) |
| Median Home Value | $410,683 |
| Average Home Value | $449,563 |
Housing Distribution
Address Breakdown
Residential
16,162
Single Family
12,039
Multi-Family
4,123
Businesses
1,624
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