630 N Lake CirBirminghamAL35242
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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 630 N Lake Cir, Birmingham, AL, 35242 with 5% annual appreciation on a $473,300 basis while $3,134/mo rent supports operations. Total monthly income totals $3,134/mo and a $2,317/mo payment preserves $369/mo for cash returns. Annual cash flow comes to $4,427/yr on $156,899 deployed, and return on cash invested reaches 22.73% in year one. Equity gained on principal adds $3,054/yr, and five-year appreciation sums $130,764 alongside rental yield of 7.95%. Five-year ROI measures 117.51% and total cumulative return in cash totals $184,369.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,134/mo property income versus a $2,317/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35242, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,541 (100%) |
| Owner Occupied HU | 16,696 (65.4%) |
| Renter Occupied HU | 7,600 (29.8%) |
| Vacant Housing Units | 1,245 ( 4.9%) |
| Median Home Value | $468,745 |
| Average Home Value | $539,210 |
Housing Distribution
Address Breakdown
Residential
24,947
Single Family
18,515
Multi-Family
6,432
Businesses
1,615
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