1513 Valley AveBirminghamAL35209
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
Rental property for sale in Birmingham at 1513 Valley Ave, Birmingham, AL, 35209 generates $2,617/mo in rent and, after a $1,639/mo payment, leaves $727/mo in cash flow. Total monthly income is $2,617/mo, and annual cash flow is $8,722/yr on $111,019 invested. Return on cash invested sits at 27.77% in year one, and rental yield is 9.38% on a $334,900 entry. Equity gained on principal adds $2,161/yr, while 5% annual appreciation builds toward $92,527 over five years. Five-year ROI reaches 144.26% and total cumulative return in cash sums $160,153. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,617/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35209, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,204 (100%) |
| Owner Occupied HU | 5,576 (39.3%) |
| Renter Occupied HU | 6,610 (46.5%) |
| Vacant Housing Units | 2,018 (14.2%) |
| Median Home Value | $487,776 |
| Average Home Value | $591,314 |
Housing Distribution
Address Breakdown
Residential
13,671
Single Family
10,594
Multi-Family
3,077
Businesses
2,312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Palieschesky • Flat Fee Real Estate Birmingha
Mls Name: GALMLS
Mls ID: #21434350