815 McDonald Chapel RdBirminghamAL35224
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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 815 McDonald Chapel Rd, Birmingham, AL, 35224 priced at $108,600 converts $1,590/mo rent into $960/mo cash flow after a $532/mo obligation. Total monthly income equals $1,590/mo, and annual cash flow totals $11,523/yr on $36,001 invested. Return on cash invested prints 51.92% in year one, and rental yield reads 17.57% against a $108,600 entry. Equity gained on principal adds $701/yr, while 5% annual appreciation compiles into $30,004 by year five. Five-year ROI reaches 274.1% and total cumulative return in cash sums $98,680. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,590/mo property income covering a $532/mo payment, not borrower’s personal income.
Single Family
Built in 1935
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35224, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,610 (100%) |
| Owner Occupied HU | 1,324 (50.7%) |
| Renter Occupied HU | 782 (30.0%) |
| Vacant Housing Units | 504 (19.3%) |
| Median Home Value | $86,250 |
| Average Home Value | $135,366 |
Housing Distribution
Address Breakdown
Residential
2,317
Single Family
2,317
Multi-Family
0
Businesses
108
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Listed by: N/A • N/A
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