597 Hackberry Ridge TrceBirminghamAL35226
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
Investment property for sale in Birmingham at 597 Hackberry Ridge Trce, Birmingham, AL, 35226 at $314,900 posts ROI 25.37% with $475/mo cash flow from $2,252/mo rent. Total monthly income equals $2,252/mo, and annual cash flow records $5,698/yr on $104,389 to close. Return on cash invested measures 25.37% and rental yield reads 8.58% at the current $314,900. Equity gained on principal adds $2,032/yr, and 5% annual appreciation supports $87,001 by year five. Five-year ROI prints 131.39% and total cumulative return in cash totals $137,158.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,252/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35226, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,020 (100%) |
| Owner Occupied HU | 11,515 (76.7%) |
| Renter Occupied HU | 2,923 (19.5%) |
| Vacant Housing Units | 582 ( 3.9%) |
| Median Home Value | $395,301 |
| Average Home Value | $448,486 |
Housing Distribution
Address Breakdown
Residential
15,452
Single Family
13,875
Multi-Family
1,577
Businesses
375
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Listed by: Dana Belcher • RE/MAX on Main
Mls Name: GALMLS
Mls ID: #21440284