1329 4th Ave S #314BirminghamAL35233
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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 1329 4th Ave S #314, Birmingham, AL, 35233 generates $1,745/mo in rent and, after a $1,223/mo payment, leaves $335/mo in cash flow. Total monthly income is $1,745/mo, and annual cash flow is $4,015/yr on $82,842 invested. Return on cash invested sits at 24.76% in year one, and rental yield is 8.38% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 128.13% and total cumulative return in cash sums $106,142. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,745/mo property income rather than buyer’s personal income.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35233, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,056 (100%) |
| Owner Occupied HU | 118 ( 3.9%) |
| Renter Occupied HU | 2,614 (85.5%) |
| Vacant Housing Units | 324 (10.6%) |
| Median Home Value | $338,095 |
| Average Home Value | $327,813 |
Housing Distribution
Address Breakdown
Residential
2,535
Single Family
1,452
Multi-Family
1,083
Businesses
740
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Listed by: Lynlee Hughes • ARC Realty Mountain Brook
Mls Name: GALMLS
Mls ID: #21425010