1641 18th St SWBirminghamAL35211
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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 1641 18th St SW, Birmingham, AL, 35211 uses $41,438 cash to close to unlock $5,917/yr annual cash flow and $493/mo monthly cash flow. Total monthly income runs $1,275/mo, and a $612/mo payment keeps the spread at $493/mo. Purchase price stands at $125,000, and rental yield measures 12.24% with $1,275/mo rent. Return on cash invested shows 34.19% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 179.65% and total cumulative return in cash records $74,441. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,275/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1956
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35211, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,583 (100%) |
| Owner Occupied HU | 4,867 (35.8%) |
| Renter Occupied HU | 6,218 (45.8%) |
| Vacant Housing Units | 2,498 (18.4%) |
| Median Home Value | $127,860 |
| Average Home Value | $225,345 |
Housing Distribution
Address Breakdown
Residential
12,074
Single Family
9,184
Multi-Family
2,890
Businesses
679
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Listed by: William Merkerson • Stokes & Co Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21416280
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.