1632 43rd StBirminghamAL35208
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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 1632 43rd St, Birmingham, AL, 35208 uses $39,449 cash to close to unlock $2,463/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $955/mo, and a $582/mo payment keeps the spread at $205/mo. Purchase price stands at $119,000, and rental yield measures 9.63% with $955/mo rent. Return on cash invested shows 26.15% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 136.57% and total cumulative return in cash records $53,873. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $955/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 1938
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35208, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,803 (100%) |
| Owner Occupied HU | 2,766 (40.7%) |
| Renter Occupied HU | 2,770 (40.7%) |
| Vacant Housing Units | 1,267 (18.6%) |
| Median Home Value | $88,646 |
| Average Home Value | $199,797 |
Housing Distribution
Address Breakdown
Residential
5,760
Single Family
5,555
Multi-Family
205
Businesses
459
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Listed by: Donna Montgomery • Red Hills Realty, LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21420465
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.