1740 Valley Ave APT AHomewoodAL35209
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
Investment property for sale in Homewood at 1740 Valley Ave APT A, Homewood, AL, 35209 with 5% annual appreciation on a $123,800 basis while $1,510/mo rent supports operations. Total monthly income totals $1,510/mo and a $606/mo payment preserves $648/mo for cash returns. Annual cash flow comes to $7,782/yr on $41,040 deployed, and return on cash invested reaches 38.87% in year one. Equity gained on principal adds $799/yr, and five-year appreciation sums $34,204 alongside rental yield of 14.64%. Five-year ROI measures 205.62% and total cumulative return in cash totals $84,384.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,510/mo property income versus a $606/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1944
N/A lot
$N/A/sqft
No 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