1468 Pike RdBirminghamAL35218
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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 1468 Pike Rd, Birmingham, AL, 35218 listed at $105,000 pairs $825/mo rent with a $514/mo payment to leave $232/mo cash flow. Total monthly income runs $825/mo, and annual cash flow reaches $2,787/yr on $34,808 cash to close. Return on cash invested measures 27.92% in year one, and rental yield registers 9.43% at a $105,000 basis. Equity gained on principal adds $678/yr, and annual property appreciation at 5% supports $29,010 by year five. Five-year ROI tracks 145.22% and total cumulative return in cash totals $50,546. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $825/mo property income relative to a $514/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
5,227 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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Listed by: Donna Montgomery • Red Hills Realty, LLC
Mls Name: GALMLS
Mls ID: #21429267