1731 Valley Ave APT BHomewoodAL35209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $1,060/mo, and a $661/mo payment. Purchase price stands at $135,000, and rental yield measures 9.42% with $1,060/mo rent. Return on cash invested shows 16.75% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 89.29% and total cumulative return in cash records $39,961. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,060/mo property income covering a $661/mo payment rather than investor’s personal income.
Condo
Built in 1944
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35209, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,204 (100%) |
| Owner Occupied HU | 5,576 (39.3%) |
| Renter Occupied HU | 6,610 (46.5%) |
| Vacant Housing Units | 2,018 (14.2%) |
| Median Home Value | $487,776 |
| Average Home Value | $591,314 |
Housing Distribution
Address Breakdown
Residential
13,671
Single Family
10,594
Multi-Family
3,077
Businesses
2,312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laurel Mckissack • ARC Realty Mountain Brook
Mls Name: GALMLS
Mls Provider:
Mls ID: #21400527
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.