1329 S 4th Ave S #303BirminghamAL35233
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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 1329 S 4th Ave S #303, Birmingham, AL, 35233 uses $56,322 cash to close to unlock $4,843/yr annual cash flow and $404/mo monthly cash flow. Total monthly income runs $1,363/mo, and a $832/mo payment keeps the spread at $404/mo. Purchase price stands at $169,900, and rental yield measures 9.63% with $1,363/mo rent. Return on cash invested shows 28.51% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 148.27% and total cumulative return in cash records $83,510. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,363/mo property income covering a $832/mo payment rather than investor’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: Will Casey • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21406444
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.