455 Reach DrBirminghamAL35242
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Nearby investment properties with comparable prices
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 455 Reach Dr, Birmingham, AL, 35242 at $317,000 posts ROI 20.7% with $69/mo cash flow from $1,859/mo rent. Total monthly income equals $1,859/mo, and annual cash flow records $831/yr on $105,086 to close. Return on cash invested measures 20.7% and rental yield reads 7.04% at the current $317,000. Equity gained on principal adds $2,046/yr, and 5% annual appreciation supports $87,581 by year five. Five-year ROI prints 106.39% and total cumulative return in cash totals $111,801.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,859/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2003
1,960 sqft lot
$N/A/sqft
No 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: Allen CERVI • RealtySouth-Inverness Office
Mls Name: GALMLS
Mls ID: #21431493