1607 Cullom St SBirminghamAL35205
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
Investment property for sale in Birmingham at 1607 Cullom St S, Birmingham, AL, 35205 with 5% annual appreciation on a $447,500 basis while $3,257/mo rent supports operations. Total monthly income totals $3,257/mo and a $2,190/mo payment preserves $617/mo for cash returns. Annual cash flow comes to $7,398/yr on $148,346 deployed, and return on cash invested reaches 24.9% in year one. Equity gained on principal adds $2,888/yr, and five-year appreciation sums $123,636 alongside rental yield of 8.73%. Five-year ROI measures 129.21% and total cumulative return in cash totals $191,677.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,257/mo property income versus a $2,190/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35205, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,646 (100%) |
| Owner Occupied HU | 2,695 (23.1%) |
| Renter Occupied HU | 7,001 (60.1%) |
| Vacant Housing Units | 1,950 (16.7%) |
| Median Home Value | $365,353 |
| Average Home Value | $470,767 |
Housing Distribution
Address Breakdown
Residential
11,221
Single Family
5,821
Multi-Family
5,400
Businesses
803
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Harold Collins • eXp Realty, LLC Central
Mls Name: GALMLS
Mls Provider:
Mls ID: #21407044
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.