4388 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 4388 Ridgemont Cir, Birmingham, AL, 35244 earns $503/mo cash flow from $2,054/mo rent with a $1,346/mo payment. Total monthly income totals $2,054/mo, and annual cash flow totals $6,034/yr on $91,129 capital. ROI tracks 26.53% on current figures, and rental yield reads 8.97% at a $274,900 purchase. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 over five years. Five-year ROI reaches 137.62% and total cumulative return in cash sums $125,415. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,054/mo property income instead of your personal income.
Townhouse
Built in 2017
N/A lot
$N/A/sqft
No 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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Listed by: Moe Mossa • Savvy Avenue, LLC
Mls Name: GALMLS
Mls ID: #21438902