1245 Waverly 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 1245 Waverly St, Birmingham, AL, 35217 earns $312/mo cash flow from $1,102/mo rent with a $685/mo payment. Total monthly income totals $1,102/mo, and annual cash flow totals $3,744/yr on $46,410 capital. ROI tracks 27.98% on current figures, and rental yield reads 9.45% at a $139,999 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 145.39% and total cumulative return in cash sums $67,474. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,102/mo property income instead of your personal income.
Single Family
Built in 1923
7,405 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: Connie Bradford • Town Square Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21412175
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.