1300 8th AveMidfieldAL35228
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 1300 8th Ave, Midfield, AL, 35228 in Midfield is listed at $145,000 and delivers $1,020/mo in rent and $202/mo in net monthly cash flow. The 8.44% yield and 1.56 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $40,061 over five years, and $1,335/yr in principal reduction supplements cash return. Total projected cumulative return: $67,654.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $202 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,020 |
| Total Monthly Debt Service | $761 |
| DSCR Ratio | 1.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35228, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,371 (100%) |
| Owner Occupied HU | 2,168 (49.6%) |
| Renter Occupied HU | 1,653 (37.8%) |
| Vacant Housing Units | 550 (12.6%) |
| Median Home Value | $102,675 |
| Average Home Value | $233,567 |
Housing Distribution
Address Breakdown
Residential
3,951
Single Family
3,723
Multi-Family
228
Businesses
235
Nearby investment properties with comparable rents
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
Single Family
Built in 1950
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35228, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,371 (100%) |
| Owner Occupied HU | 2,168 (49.6%) |
| Renter Occupied HU | 1,653 (37.8%) |
| Vacant Housing Units | 550 (12.6%) |
| Median Home Value | $102,675 |
| Average Home Value | $233,567 |
Housing Distribution
Address Breakdown
Residential
3,951
Single Family
3,723
Multi-Family
228
Businesses
235
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices