1301 32nd St NBirminghamAL35234
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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 1301 32nd St N, Birmingham, AL, 35234 listed at $175,900 pairs $1,117/mo rent with a $861/mo payment to leave $76/mo cash flow. Total monthly income runs $1,117/mo, and annual cash flow reaches $917/yr on $58,311 cash to close. Return on cash invested measures 21.48% in year one, and rental yield registers 7.62% at a $175,900 basis. Equity gained on principal adds $1,135/yr, and annual property appreciation at 5% supports $48,598 by year five. Five-year ROI tracks 110.97% and total cumulative return in cash totals $64,705. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,117/mo property income relative to a $861/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35234, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,536 (100%) |
| Owner Occupied HU | 812 (32.0%) |
| Renter Occupied HU | 1,164 (45.9%) |
| Vacant Housing Units | 560 (22.1%) |
| Median Home Value | $72,885 |
| Average Home Value | $165,877 |
Housing Distribution
Address Breakdown
Residential
2,187
Single Family
1,976
Multi-Family
211
Businesses
221
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Listed by: N/A • N/A
Mls Name: EXIT Realty broker feed
Mls ID: #21382756