4724 Cheshire CirBirminghamAL35235
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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 4724 Cheshire Cir, Birmingham, AL, 35235 uses $43,924 cash to close to unlock $2,947/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $994/mo, and a $649/mo payment keeps the spread at $246/mo. Purchase price stands at $132,500, and rental yield measures 9% with $994/mo rent. Return on cash invested shows 26.62% in year one, and 5% annual appreciation builds toward $36,607 over five years. Five-year ROI reaches 138.17% and total cumulative return in cash records $60,692. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $994/mo property income covering a $649/mo payment rather than investor’s personal income.
Townhouse
Built in 1997
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35235, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,834 (100%) |
| Owner Occupied HU | 5,097 (57.7%) |
| Renter Occupied HU | 2,992 (33.9%) |
| Vacant Housing Units | 745 ( 8.4%) |
| Median Home Value | $191,405 |
| Average Home Value | $260,508 |
Housing Distribution
Address Breakdown
Residential
8,419
Single Family
7,608
Multi-Family
811
Businesses
711
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Listed by: Melanie Clough • ARC Realty Vestavia
Mls Name: GALMLS
Mls ID: #21430412