114 W GrnBirminghamAL35243
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Nearby investment properties with comparable prices
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 114 W Grn, Birmingham, AL, 35243 at $265,000 posts ROI 24.34% with $324/mo cash flow from $1,820/mo rent. Total monthly income equals $1,820/mo, and annual cash flow records $3,891/yr on $87,848 to close. Return on cash invested measures 24.34% and rental yield reads 8.24% at the current $265,000. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 by year five. Five-year ROI prints 125.92% and total cumulative return in cash totals $110,619.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,820/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35243, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,028 (100%) |
| Owner Occupied HU | 5,629 (51.0%) |
| Renter Occupied HU | 4,756 (43.1%) |
| Vacant Housing Units | 643 ( 5.8%) |
| Median Home Value | $498,768 |
| Average Home Value | $635,274 |
Housing Distribution
Address Breakdown
Residential
10,852
Single Family
7,638
Multi-Family
3,214
Businesses
1,480
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Listed by: Jordan Burdette • Steel City at Keller Williams Realty
Mls Name: GALMLS
Mls ID: #21435524