1024 Xavier StBirminghamAL35224
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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 1024 Xavier St, Birmingham, AL, 35224 priced at $139,500 pairs $1,083/mo rent with $295/mo cash flow after a $683/mo payment. Total monthly income equals $1,083/mo, and annual cash flow comes to $3,544/yr on $46,244 invested. Return on cash invested is 27.57% in year one, and rental yield stands at 9.32% on a $139,500 basis. Equity gained on principal adds $900/yr, and 5% annual appreciation accumulates to $38,541 by year five. Five-year ROI measures 143.31% and total cumulative return in cash reaches $66,273. For financing, Ziffy Mortgage’s DSCR program evaluates $1,083/mo property income against a $683/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35224, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,610 (100%) |
| Owner Occupied HU | 1,324 (50.7%) |
| Renter Occupied HU | 782 (30.0%) |
| Vacant Housing Units | 504 (19.3%) |
| Median Home Value | $86,250 |
| Average Home Value | $135,366 |
Housing Distribution
Address Breakdown
Residential
2,317
Single Family
2,317
Multi-Family
0
Businesses
108
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Listed by: Don Cornutt • RE/MAX Advantage South
Mls Name: GALMLS
Mls Provider:
Mls ID: #21415614
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.