1320 Monticello StBirminghamAL35210
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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 1320 Monticello St, Birmingham, AL, 35210 priced at $219,500 converts $1,483/mo rent into $244/mo cash flow after a $1,074/mo obligation. Total monthly income equals $1,483/mo, and annual cash flow totals $2,932/yr on $72,764 invested. Return on cash invested prints 23.94% in year one, and rental yield reads 8.11% against a $219,500 entry. Equity gained on principal adds $1,416/yr, while 5% annual appreciation compiles into $60,644 by year five. Five-year ROI reaches 123.78% and total cumulative return in cash sums $90,070. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,483/mo property income covering a $1,074/mo payment, not borrower’s personal income.
Single Family
Built in 1956
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35210, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,882 (100%) |
| Owner Occupied HU | 4,514 (65.6%) |
| Renter Occupied HU | 1,797 (26.1%) |
| Vacant Housing Units | 571 ( 8.3%) |
| Median Home Value | $311,367 |
| Average Home Value | $340,387 |
Housing Distribution
Address Breakdown
Residential
6,844
Single Family
5,867
Multi-Family
977
Businesses
1,078
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Listed by: Ben Hedden • Bham Realty, LLC
Mls Name: GALMLS
Mls ID: #21430321