5148 Willow WayBirminghamAL35242
Nearby investment properties with comparable rents
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
Rental property for sale in Birmingham at 5148 Willow Way, Birmingham, AL, 35242 priced at $490,000 converts $3,606/mo rent into $841/mo cash flow after a $2,398/mo obligation. Total monthly income equals $3,606/mo, and annual cash flow totals $10,086/yr on $162,435 invested. Return on cash invested prints 26.12% in year one, and rental yield reads 8.83% against a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation compiles into $135,378 by year five. Five-year ROI reaches 135.43% and total cumulative return in cash sums $219,984. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,606/mo property income covering a $2,398/mo payment, not borrower’s personal income.
Single Family
Built in 1992
0.70 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bobby Dehaye • ListedItMyself.Com
Mls Name: GALMLS
Mls Provider:
Mls ID: #21391017
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.