916 Livvy LnBirminghamAL35244
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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 916 Livvy Ln, Birmingham, AL, 35244 priced at $1,260,000 pairs $5,649/mo rent with after a $6,167/mo payment. Total monthly income equals $5,649/mo. Return on cash invested is 15.53% in year one, and rental yield stands at 5.38% on a $1,260,000 basis. Equity gained on principal adds $8,131/yr, and 5% annual appreciation accumulates to $348,115 by year five. Five-year ROI measures 78.73% and total cumulative return in cash reaches $321,393. For financing, Ziffy Mortgage’s DSCR program evaluates $5,649/mo property income against a $6,167/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
1.13 Acres lot
$N/A/sqft
$2,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35244, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,341 (100%) |
| Owner Occupied HU | 10,823 (66.2%) |
| Renter Occupied HU | 4,785 (29.3%) |
| Vacant Housing Units | 733 ( 4.5%) |
| Median Home Value | $410,683 |
| Average Home Value | $449,563 |
Housing Distribution
Address Breakdown
Residential
16,162
Single Family
12,039
Multi-Family
4,123
Businesses
1,624
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Listed by: Jordan Hosey • Real Broker LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21418730
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.