1123 Berwick RdBirminghamAL35242
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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 1123 Berwick Rd, Birmingham, AL, 35242 earns from $2,047/mo rent with a $1,857/mo payment. Total monthly income totals $2,047/mo. ROI tracks 19.01% on current figures, and rental yield reads 6.47% at a $379,500 purchase. Equity gained on principal adds $2,449/yr, and 5% annual appreciation supports $104,849 over five years. Five-year ROI reaches 97.31% and total cumulative return in cash sums $122,424. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,047/mo property income instead of your personal income.
Single Family
Built in 1993
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35242, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,541 (100%) |
| Owner Occupied HU | 16,696 (65.4%) |
| Renter Occupied HU | 7,600 (29.8%) |
| Vacant Housing Units | 1,245 ( 4.9%) |
| Median Home Value | $468,745 |
| Average Home Value | $539,210 |
Housing Distribution
Address Breakdown
Residential
24,947
Single Family
18,515
Multi-Family
6,432
Businesses
1,615
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Listed by: Yvonne Bolaji • EXIT Realty Birmingham
Mls Name: GALMLS
Mls ID: #21439424