9720 Westfield PlBirminghamAL35217
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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 9720 Westfield Pl, Birmingham, AL, 35217 uses $34,111 cash to close to unlock $2,614/yr annual cash flow and $218/mo monthly cash flow. Total monthly income runs $799/mo, and a $504/mo payment keeps the spread at $218/mo. Purchase price stands at $102,900, and rental yield measures 9.32% with $799/mo rent. Return on cash invested shows 27.57% in year one, and 5% annual appreciation builds toward $28,429 over five years. Five-year ROI reaches 143.26% and total cumulative return in cash records $48,866. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $799/mo property income covering a $504/mo payment rather than investor’s personal income.
Single Family
Built in 1955
5,706 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35217, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,910 (100%) |
| Owner Occupied HU | 2,400 (40.6%) |
| Renter Occupied HU | 2,508 (42.4%) |
| Vacant Housing Units | 1,002 (17.0%) |
| Median Home Value | $120,000 |
| Average Home Value | $230,202 |
Housing Distribution
Address Breakdown
Residential
5,368
Single Family
4,879
Multi-Family
489
Businesses
590
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Listed by: Viola Broadnax • Alabama Realty Brokers III
Mls Name: GALMLS
Mls ID: #21428437