1209 Princeton Ave SWBirminghamAL35211
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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
Rental property for sale in Birmingham at 1209 Princeton Ave SW, Birmingham, AL, 35211 priced at $165,000 converts $1,251/mo rent into $296/mo cash flow after a $808/mo obligation. Total monthly income equals $1,251/mo, and annual cash flow totals $3,547/yr on $54,698 invested. Return on cash invested prints 26.39% in year one, and rental yield reads 9.1% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 137.14% and total cumulative return in cash sums $75,011. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,251/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 1906
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35211, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,583 (100%) |
| Owner Occupied HU | 4,867 (35.8%) |
| Renter Occupied HU | 6,218 (45.8%) |
| Vacant Housing Units | 2,498 (18.4%) |
| Median Home Value | $127,860 |
| Average Home Value | $225,345 |
Housing Distribution
Address Breakdown
Residential
12,074
Single Family
9,184
Multi-Family
2,890
Businesses
679
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Listed by: Wendi Thomas • RealtySouth-Inverness Office
Mls Name: GALMLS
Mls Provider:
Mls ID: #21395030
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.