846 Sherman Oaks DrBirminghamAL35235
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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
Investment property for sale in Birmingham at 846 Sherman Oaks Dr, Birmingham, AL, 35235 earns $291/mo cash flow from $1,024/mo rent with a $636/mo payment. Total monthly income totals $1,024/mo, and annual cash flow totals $3,487/yr on $43,062 capital. ROI tracks 28.01% on current figures, and rental yield reads 9.46% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 145.59% and total cumulative return in cash sums $62,695. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,024/mo property income instead of your personal income.
Single Family
Built in 1967
0.29 Acres lot
$N/A/sqft
No 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: MiChelle Knight • Boss Realty by MiChelle
Mls Name: GALMLS
Mls ID: #21439987