617 Ruffner RdIrondaleAL35210
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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 Irondale at 617 Ruffner Rd, Irondale, AL, 35210 offers $865/mo rent that, after a $560/mo payment, leaves $219/mo cash flow. Total monthly income is $865/mo, and annual cash flow is $2,629/yr on $37,957 cash. Return on cash invested measures 26.84% in year one, and rental yield stands at 9.07% at a $114,500 entry. Equity gained on principal adds $739/yr while 5% annual appreciation compounds into $31,634 by year five. Five-year ROI records 139.41% and total cumulative return in cash reaches $52,916. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $865/mo property income versus a $560/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1906
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35210, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,882 (100%) |
| Owner Occupied HU | 4,514 (65.6%) |
| Renter Occupied HU | 1,797 (26.1%) |
| Vacant Housing Units | 571 ( 8.3%) |
| Median Home Value | $311,367 |
| Average Home Value | $340,387 |
Housing Distribution
Address Breakdown
Residential
6,844
Single Family
5,867
Multi-Family
977
Businesses
1,078
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