708 Savannah PlVestaviaAL35226
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 Vestavia at 708 Savannah Pl, Vestavia, AL, 35226 priced at $452,500 pairs $3,234/mo rent with $504/mo cash flow after a $2,215/mo payment. Total monthly income equals $3,234/mo, and annual cash flow comes to $6,051/yr on $150,004 invested. Return on cash invested is 23.94% in year one, and rental yield stands at 8.58% on a $452,500 basis. Equity gained on principal adds $2,920/yr, and 5% annual appreciation accumulates to $125,017 by year five. Five-year ROI measures 124.28% and total cumulative return in cash reaches $186,431. For financing, Ziffy Mortgage’s DSCR program evaluates $3,234/mo property income against a $2,215/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
4,791 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Hadwin • eXp Realty, LLC Central
Mls Name: GALMLS
Mls Provider:
Mls ID: #21413677
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.