1633 29th 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 1633 29th St, Birmingham, AL, 35208 earns $266/mo cash flow from $899/mo rent with a $549/mo payment. Total monthly income totals $899/mo, and annual cash flow totals $3,190/yr on $37,194 capital. ROI tracks 28.49% on current figures, and rental yield reads 9.61% at a $112,200 purchase. Equity gained on principal adds $724/yr, and 5% annual appreciation supports $30,999 over five years. Five-year ROI reaches 148.14% and total cumulative return in cash sums $55,098. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $899/mo property income instead of your personal income.
Single Family
Built in 1956
7,405 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: Clay Collins • Evernest Too
Mls Name: GALMLS
Mls ID: #21431495