659 Flag CirBirminghamAL35226
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 659 Flag Cir, Birmingham, AL, 35226 priced at $337,500 converts $2,760/mo rent into $855/mo cash flow after a $1,652/mo obligation. Total monthly income equals $2,760/mo, and annual cash flow totals $10,258/yr on $111,881 invested. Return on cash invested prints 29.08% in year one, and rental yield reads 9.81% against a $337,500 entry. Equity gained on principal adds $2,178/yr, while 5% annual appreciation compiles into $93,245 by year five. Five-year ROI reaches 151.3% and total cumulative return in cash sums $169,273. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,760/mo property income covering a $1,652/mo payment, not borrower’s personal income.
Townhouse
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35226, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,020 (100%) |
| Owner Occupied HU | 11,515 (76.7%) |
| Renter Occupied HU | 2,923 (19.5%) |
| Vacant Housing Units | 582 ( 3.9%) |
| Median Home Value | $395,301 |
| Average Home Value | $448,486 |
Housing Distribution
Address Breakdown
Residential
15,452
Single Family
13,875
Multi-Family
1,577
Businesses
375
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Listed by: Steve Parker • Keller Williams Realty Hoover
Mls Name: GALMLS
Mls ID: #21438734