6308 Kidron PlBirminghamAL35235
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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 Birmingham at 6308 Kidron Pl, Birmingham, AL, 35235 priced at $549,250 pairs $3,544/mo rent with $367/mo cash flow after a $2,688/mo payment. Total monthly income equals $3,544/mo, and annual cash flow comes to $4,410/yr on $180,703 invested. Return on cash invested is 22.5% in year one, and rental yield stands at 7.74% on a $549,250 basis. Equity gained on principal adds $3,544/yr, and 5% annual appreciation accumulates to $151,748 by year five. Five-year ROI measures 116.17% and total cumulative return in cash reaches $209,930. For financing, Ziffy Mortgage’s DSCR program evaluates $3,544/mo property income against a $2,688/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
0.59 Acres lot
$N/A/sqft
$150 annually 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
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Listed by: Lee Marlow • RealtySouth-Trussville Office
Mls Name: GALMLS
Mls Provider:
Mls ID: #21415355
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.