1408 Avenue DBirminghamAL35218
Nearby investment properties with comparable rents
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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 1408 Avenue D, Birmingham, AL, 35218 at $112,800 posts ROI 45.05% with $783/mo cash flow from $1,420/mo rent. Total monthly income equals $1,420/mo, and annual cash flow records $9,401/yr on $37,393 to close. Return on cash invested measures 45.05% and rental yield reads 15.11% at the current $112,800. Equity gained on principal adds $728/yr, and 5% annual appreciation supports $31,165 by year five. Five-year ROI prints 237% and total cumulative return in cash totals $88,623.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,420/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35218, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,482 (100%) |
| Owner Occupied HU | 1,051 (30.2%) |
| Renter Occupied HU | 1,688 (48.5%) |
| Vacant Housing Units | 743 (21.3%) |
| Median Home Value | $82,102 |
| Average Home Value | $183,977 |
Housing Distribution
Address Breakdown
Residential
2,931
Single Family
2,750
Multi-Family
181
Businesses
293
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Nearby investment properties with comparable prices
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