1609 6th St NBirminghamAL35204
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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 1609 6th St N, Birmingham, AL, 35204 listed at $1,690,000 pairs $1,007/mo rent with a $8,272/mo payment. Total monthly income runs $1,007/mo. Return on cash invested measures 1.67% in year one, and rental yield registers 0.72% at a $1,690,000 basis. Equity gained on principal adds $10,905/yr, and annual property appreciation at 5% supports $466,916 by year five. Five-year ROI tracks 4.21% and total cumulative return in cash totals $23,052. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,007/mo property income relative to a $8,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35204, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,212 (100%) |
| Owner Occupied HU | 1,563 (30.0%) |
| Renter Occupied HU | 2,607 (50.0%) |
| Vacant Housing Units | 1,042 (20.0%) |
| Median Home Value | $104,329 |
| Average Home Value | $188,864 |
Housing Distribution
Address Breakdown
Residential
4,481
Single Family
4,282
Multi-Family
199
Businesses
420
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Listed by: Margie Beth Shaw • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls ID: #21422688