875 Southbend LnVestavia HillsAL35216
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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 Vestavia Hills at 875 Southbend Ln, Vestavia Hills, AL, 35216 priced at $989,000 converts $5,069/mo rent into after a $4,841/mo obligation. Total monthly income equals $5,069/mo. Return on cash invested prints 18.17% in year one, and rental yield reads 6.15% against a $989,000 entry. Equity gained on principal adds $6,382/yr, while 5% annual appreciation compiles into $273,242 by year five. Five-year ROI reaches 92.74% and total cumulative return in cash sums $301,770. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,069/mo property income covering a $4,841/mo payment, not borrower’s personal income.
Single Family
Built in 2018
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35216, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,677 (100%) |
| Owner Occupied HU | 8,293 (46.9%) |
| Renter Occupied HU | 7,807 (44.2%) |
| Vacant Housing Units | 1,577 ( 8.9%) |
| Median Home Value | $397,800 |
| Average Home Value | $488,346 |
Housing Distribution
Address Breakdown
Residential
16,676
Single Family
10,881
Multi-Family
5,795
Businesses
1,467
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Listed by: Missy Heard • RealtySouth-OTM-Acton Rd
Mls Name: GALMLS
Mls ID: #21435965