1409 Tuscaloosa Ave SWBirminghamAL35211
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
Total monthly income runs $1,186/mo, and a $1,933/mo payment. Purchase price stands at $394,900, and rental yield measures 3.6% with $1,186/mo rent. Return on cash invested shows 10.35% in year one, and 5% annual appreciation builds toward $109,104 over five years. Five-year ROI reaches 50.85% and total cumulative return in cash records $66,563. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,186/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Multi Family
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35211, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,583 (100%) |
| Owner Occupied HU | 4,867 (35.8%) |
| Renter Occupied HU | 6,218 (45.8%) |
| Vacant Housing Units | 2,498 (18.4%) |
| Median Home Value | $127,860 |
| Average Home Value | $225,345 |
Housing Distribution
Address Breakdown
Residential
12,074
Single Family
9,184
Multi-Family
2,890
Businesses
679
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joy Groce • eXp Realty, LLC Central
Mls Name: GALMLS
Mls ID: #21430103