623 Tomahawk CirBirminghamAL35214
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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
Investment property for sale in Birmingham at 623 Tomahawk Cir, Birmingham, AL, 35214 with 5% annual appreciation on a $249,000 basis while $1,975/mo rent supports operations. Total monthly income totals $1,975/mo and a $1,219/mo payment preserves $569/mo for cash returns. Annual cash flow comes to $6,831/yr on $82,544 deployed, and return on cash invested reaches 28.18% in year one. Equity gained on principal adds $1,607/yr, and five-year appreciation sums $68,794 alongside rental yield of 9.52%. Five-year ROI measures 146.55% and total cumulative return in cash totals $120,968.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,975/mo property income versus a $1,219/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1963
0.50 Acres 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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Listed by: Damian Atkins • The Atkins Group LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21418859
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.