1309 36th 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 1309 36th St N, Birmingham, AL, 35234 listed at $130,000 pairs $1,442/mo rent with a $636/mo payment to leave $573/mo cash flow. Total monthly income runs $1,442/mo, and annual cash flow reaches $6,877/yr on $43,095 cash to close. Return on cash invested measures 35.87% in year one, and rental yield registers 13.31% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 189.19% and total cumulative return in cash totals $81,531. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,442/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
7,840 sqft 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: Reginald Dobynes • Acey & Associates, LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21369846
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.