608 Tomahawk CirBirminghamAL35214
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 608 Tomahawk Cir, Birmingham, AL, 35214 priced at $174,700 converts $1,468/mo rent into $482/mo cash flow after a $855/mo obligation. Total monthly income equals $1,468/mo, and annual cash flow totals $5,784/yr on $57,913 invested. Return on cash invested prints 29.9% in year one, and rental yield reads 10.08% against a $174,700 entry. Equity gained on principal adds $1,127/yr, while 5% annual appreciation compiles into $48,266 by year five. Five-year ROI reaches 155.69% and total cumulative return in cash sums $90,165. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,468/mo property income covering a $855/mo payment, not borrower’s personal income.
Single Family
Built in 1962
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35214, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,272 (100%) |
| Owner Occupied HU | 4,940 (59.7%) |
| Renter Occupied HU | 2,416 (29.2%) |
| Vacant Housing Units | 916 (11.1%) |
| Median Home Value | $162,610 |
| Average Home Value | $211,189 |
Housing Distribution
Address Breakdown
Residential
7,960
Single Family
7,374
Multi-Family
586
Businesses
391
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Nearby investment properties with comparable prices
Listed by: Katie Screven • Keller Williams Homewood
Mls Name: GALMLS
Mls ID: #21424531