8929 Glendale DrBirminghamAL35206
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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 8929 Glendale Dr, Birmingham, AL, 35206 earns $412/mo cash flow from $1,422/mo rent with a $876/mo payment. Total monthly income totals $1,422/mo, and annual cash flow totals $4,942/yr on $59,305 capital. ROI tracks 28.24% on current figures, and rental yield reads 9.54% at a $178,900 purchase. Equity gained on principal adds $1,154/yr, and 5% annual appreciation supports $49,427 over five years. Five-year ROI reaches 146.83% and total cumulative return in cash sums $87,079. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,422/mo property income instead of your personal income.
Single Family
Built in 1957
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35206, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,370 (100%) |
| Owner Occupied HU | 3,160 (42.9%) |
| Renter Occupied HU | 2,907 (39.4%) |
| Vacant Housing Units | 1,303 (17.7%) |
| Median Home Value | $127,469 |
| Average Home Value | $252,864 |
Housing Distribution
Address Breakdown
Residential
6,878
Single Family
6,420
Multi-Family
458
Businesses
427
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