1718 15th Ave SBirminghamAL35205
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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
Rental property for sale in Birmingham at 1718 15th Ave S, Birmingham, AL, 35205 generates $1,472/mo in rent and, after a $1,022/mo payment, leaves $244/mo in cash flow. Total monthly income is $1,472/mo, and annual cash flow is $2,933/yr on $69,250 invested. Return on cash invested sits at 24.14% in year one, and rental yield is 8.46% on a $208,900 entry. Equity gained on principal adds $1,348/yr, while 5% annual appreciation builds toward $57,715 over five years. Five-year ROI reaches 125.19% and total cumulative return in cash sums $86,694. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,472/mo property income rather than buyer’s personal income.
Townhouse
Built in 1986
2,613 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
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Listed by: Graham Rieseberg • eXp Realty, LLC Central
Mls Name: GALMLS
Mls Provider:
Mls ID: #21418229
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.