4428 McElwain CtBirminghamAL35213
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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 4428 McElwain Ct, Birmingham, AL, 35213 offers $2,028/mo rent that, after a $3,683/mo payment. Total monthly income is $2,028/mo. Return on cash invested measures 8.82% in year one, and rental yield stands at 3.23% at a $752,400 entry. Equity gained on principal adds $4,855/yr while 5% annual appreciation compounds into $207,874 by year five. Five-year ROI records 42.78% and total cumulative return in cash reaches $105,891. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,028/mo property income versus a $3,683/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
2,178 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35213, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,571 (100%) |
| Owner Occupied HU | 4,263 (64.9%) |
| Renter Occupied HU | 2,001 (30.5%) |
| Vacant Housing Units | 307 ( 4.7%) |
| Median Home Value | $650,762 |
| Average Home Value | $795,174 |
Housing Distribution
Address Breakdown
Residential
6,523
Single Family
5,252
Multi-Family
1,271
Businesses
470
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Listed by: Jessica Armstrong • CRE Residential LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21398238
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.