136-137 59th St NBirminghamAL35212
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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 136-137 59th St N, Birmingham, AL, 35212 generates $1,740/mo in rent, after a $7,880/mo payment. Total monthly income is $1,740/mo. Return on cash invested sits at 3.47% in year one, and rental yield is 1.3% on a $1,610,000 entry. Equity gained on principal adds $10,389/yr, while 5% annual appreciation builds toward $444,813 over five years. Five-year ROI reaches 13.85% and total cumulative return in cash sums $72,227. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,740/mo property income rather than buyer’s personal income.
Multi Family
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35212, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,683 (100%) |
| Owner Occupied HU | 2,041 (35.9%) |
| Renter Occupied HU | 2,632 (46.3%) |
| Vacant Housing Units | 1,010 (17.8%) |
| Median Home Value | $270,215 |
| Average Home Value | $271,862 |
Housing Distribution
Address Breakdown
Residential
4,762
Single Family
4,162
Multi-Family
600
Businesses
333
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Listed by: Sandy Nguyen (Binh) • Goal Realty LLC
Mls Name: GALMLS
Mls ID: #21437798