5115 Falling Creek LnBirminghamAL35235
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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 5115 Falling Creek Ln, Birmingham, AL, 35235 offers a 9.22% rental yield on a $102,000 purchase with $784/mo rent. Total monthly income registers $784/mo, and a $499/mo payment leaves $209/mo available for distribution. Annual cash flow reaches $2,502/yr on $33,813 to close, and return on cash invested stands at 27.31% in year one. Equity gained on principal adds $658/yr while 5% annual appreciation supports $28,181 over five years. Portfolio math shows five-year ROI at 141.87% and total cumulative return in cash at $47,972. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $784/mo property income against a $499/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2002
2,570 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: Jason Mitchell • HUD Home Network
Mls Name: GALMLS
Mls ID: #21434773