1017 7th St WBirminghamAL35204
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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
Total monthly income runs $1,211/mo, and a $1,223/mo payment. Purchase price stands at $249,850, and rental yield measures 5.82% with $1,211/mo rent. Return on cash invested shows 17.02% in year one, and 5% annual appreciation builds toward $69,029 over five years. Five-year ROI reaches 86.65% and total cumulative return in cash records $71,771. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,211/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Single Family
Built in 1976
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35204, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,212 (100%) |
| Owner Occupied HU | 1,563 (30.0%) |
| Renter Occupied HU | 2,607 (50.0%) |
| Vacant Housing Units | 1,042 (20.0%) |
| Median Home Value | $104,329 |
| Average Home Value | $188,864 |
Housing Distribution
Address Breakdown
Residential
4,481
Single Family
4,282
Multi-Family
199
Businesses
420
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Listed by: Anthony Caldwell • Meghan-Brooke Ashley Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21418689
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.