829 Castlemaine DrBirminghamAL35226
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
Investment property for sale in Birmingham at 829 Castlemaine Dr, Birmingham, AL, 35226 at $339,900 posts ROI 23.68% with $354/mo cash flow from $2,273/mo rent. Total monthly income equals $2,273/mo, and annual cash flow records $4,249/yr on $112,677 to close. Return on cash invested measures 23.68% and rental yield reads 8.02% at the current $339,900. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,908 by year five. Five-year ROI prints 122.39% and total cumulative return in cash totals $137,903.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,273/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
5,662 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
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Listed by: Scott Ford • RealtySouth-MB-Cahaba Rd
Mls Name: GALMLS
Mls ID: #21439156