528 Cliff PlHomewoodAL35209
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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 Homewood at 528 Cliff Pl, Homewood, AL, 35209 priced at $500,000 converts $3,354/mo rent into $532/mo cash flow after a $2,447/mo obligation. Total monthly income equals $3,354/mo, and annual cash flow totals $6,384/yr on $165,750 invested. Return on cash invested prints 23.76% in year one, and rental yield reads 8.05% against a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 122.77% and total cumulative return in cash sums $203,492. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,354/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1949
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35209, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,204 (100%) |
| Owner Occupied HU | 5,576 (39.3%) |
| Renter Occupied HU | 6,610 (46.5%) |
| Vacant Housing Units | 2,018 (14.2%) |
| Median Home Value | $487,776 |
| Average Home Value | $591,314 |
Housing Distribution
Address Breakdown
Residential
13,671
Single Family
10,594
Multi-Family
3,077
Businesses
2,312
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