4603 Clairmont AveBirminghamAL35222
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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 4603 Clairmont Ave, Birmingham, AL, 35222 offers $3,206/mo rent that, after a $7,097/mo payment. Total monthly income is $3,206/mo. Return on cash invested measures 7.54% in year one, and rental yield stands at 2.65% at a $1,450,000 entry. Equity gained on principal adds $9,357/yr while 5% annual appreciation compounds into $400,608 by year five. Five-year ROI records 35.73% and total cumulative return in cash reaches $167,865. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,206/mo property income versus a $7,097/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35222, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,713 (100%) |
| Owner Occupied HU | 2,014 (42.7%) |
| Renter Occupied HU | 2,191 (46.5%) |
| Vacant Housing Units | 508 (10.8%) |
| Median Home Value | $399,331 |
| Average Home Value | $535,552 |
Housing Distribution
Address Breakdown
Residential
4,377
Single Family
3,422
Multi-Family
955
Businesses
599
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Listed by: Barbara Wheeler • ARC Realty - Homewood
Mls Name: GALMLS
Mls Provider:
Mls ID: #21431707
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.