1117 7th Ave 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
Investment property for sale in Birmingham at 1117 7th Ave W, Birmingham, AL, 35204 offers a 44.45% rental yield on a $133,700 purchase with $4,952/mo rent. Total monthly income registers $4,952/mo, and a $654/mo payment leaves $4,167/mo available for distribution. Annual cash flow reaches $50,009/yr on $44,322 to close, and return on cash invested stands at 132.74% in year one. Equity gained on principal adds $863/yr while 5% annual appreciation supports $36,939 over five years. Portfolio math shows five-year ROI at 707.55% and total cumulative return in cash at $313,596. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,952/mo property income against a $654/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
8,276 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: Alvin Johnson • JRC Realty Group, Inc.
Mls Name: GALMLS
Mls Provider:
Mls ID: #21377952
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.