1133 Forest StBirminghamAL35217
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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 1133 Forest St, Birmingham, AL, 35217 offers a 9.03% rental yield on a $105,000 purchase with $790/mo rent. Total monthly income registers $790/mo, and a $514/mo payment leaves $197/mo available for distribution. Annual cash flow reaches $2,367/yr on $34,808 to close, and return on cash invested stands at 26.71% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 138.73% and total cumulative return in cash at $48,290. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $790/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
8,276 sqft 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: Viola Broadnax • Alabama Realty Brokers III
Mls Name: GALMLS
Mls Provider:
Mls ID: #21418008
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.