9816 Westfield RdBirminghamAL35217
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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 9816 Westfield Rd, Birmingham, AL, 35217 generates $1,710/mo in rent and, after a $883/mo payment, leaves $692/mo in cash flow. Total monthly income is $1,710/mo, and annual cash flow is $8,299/yr on $59,836 invested. Return on cash invested sits at 33.78% in year one, and rental yield is 11.37% on a $180,500 entry. Equity gained on principal adds $1,165/yr, while 5% annual appreciation builds toward $49,869 over five years. Five-year ROI reaches 176.53% and total cumulative return in cash sums $105,630. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,710/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.35 Acres 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: Jeremy Franklin • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls ID: #21430229