1375 Miami TrlBirminghamAL35214
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1375 Miami Trl, Birmingham, AL, 35214 uses $72,897 cash to close to unlock $8,569/yr annual cash flow and $714/mo monthly cash flow. Total monthly income runs $1,955/mo, and a $1,076/mo payment keeps the spread at $714/mo. Purchase price stands at $219,900, and rental yield measures 10.67% with $1,955/mo rent. Return on cash invested shows 31.66% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 165.21% and total cumulative return in cash records $120,436. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,955/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35214, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,272 (100%) |
| Owner Occupied HU | 4,940 (59.7%) |
| Renter Occupied HU | 2,416 (29.2%) |
| Vacant Housing Units | 916 (11.1%) |
| Median Home Value | $162,610 |
| Average Home Value | $211,189 |
Housing Distribution
Address Breakdown
Residential
7,960
Single Family
7,374
Multi-Family
586
Businesses
391
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shun Randolph • RealtySouth-I459 Southwest
Mls Name: GALMLS
Mls Provider:
Mls ID: #21427024
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.