117 10th Ct 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 117 10th Ct W, Birmingham, AL, 35204 offers a 10.09% rental yield on a $174,000 purchase with $1,463/mo rent. Total monthly income registers $1,463/mo, and a $852/mo payment leaves $481/mo available for distribution. Annual cash flow reaches $5,766/yr on $57,681 to close, and return on cash invested stands at 29.91% in year one. Equity gained on principal adds $1,123/yr while 5% annual appreciation supports $48,073 over five years. Portfolio math shows five-year ROI at 155.77% and total cumulative return in cash at $89,849. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,463/mo property income against a $852/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
10,454 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: Ashanti Seals • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls ID: #21432199