1520 36th St NBirminghamAL35234
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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
Rental property for sale in Birmingham at 1520 36th St N, Birmingham, AL, 35234 generates $1,369/mo in rent and, after a $905/mo payment, leaves $325/mo in cash flow. Total monthly income is $1,369/mo, and annual cash flow is $3,904/yr on $61,294 invested. Return on cash invested sits at 26.28% in year one, and rental yield is 8.88% on a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 136.35% and total cumulative return in cash sums $83,575. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,369/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35234, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,536 (100%) |
| Owner Occupied HU | 812 (32.0%) |
| Renter Occupied HU | 1,164 (45.9%) |
| Vacant Housing Units | 560 (22.1%) |
| Median Home Value | $72,885 |
| Average Home Value | $165,877 |
Housing Distribution
Address Breakdown
Residential
2,187
Single Family
1,976
Multi-Family
211
Businesses
221
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Listed by: Shannon Malcom • EXIT Realty Birmingham
Mls Name: GALMLS
Mls ID: #21436212