600 Rollingwood RdBirminghamAL35235
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 600 Rollingwood Rd, Birmingham, AL, 35235 in Birmingham worth modelling. At $219,900 with a 8.2% gross yield, the $1,502/mo rent leaves $200/mo after the $989/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.52 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $60,754 by year five; $2,025/yr in principal reduction adds further equity. Total projected return: $95,969.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 7.2% |
| Monthly Cash Flow | $200 | $450 |
City averages based on Birmingham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,502 |
| Total Monthly Debt Service | $1,215 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1955
0.70 Acres 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
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
Single Family
Built in 1955
0.70 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hugh Morrow • RE/MAX Preferred
Mls Name: GALMLS
Mls Provider:
Mls ID: #21416331
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.