4829 Lincrest DrBirminghamAL35222
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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 4829 Lincrest Dr, Birmingham, AL, 35222 priced at $419,000 converts $2,764/mo rent into $399/mo cash flow after a $2,051/mo obligation. Total monthly income equals $2,764/mo, and annual cash flow totals $4,785/yr on $138,899 invested. Return on cash invested prints 23.35% in year one, and rental yield reads 7.92% against a $419,000 entry. Equity gained on principal adds $2,704/yr, while 5% annual appreciation compiles into $115,762 by year five. Five-year ROI reaches 120.6% and total cumulative return in cash sums $167,513. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,764/mo property income covering a $2,051/mo payment, not borrower’s personal income.
Single Family
Built in 1962
0.26 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: Patricia Stillwell Murphy • TMI Real Estate
Mls Name: GALMLS
Mls Provider:
Mls ID: #21418835
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.