1771 Valley Ave APT FHomewoodAL35209
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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 Homewood at 1771 Valley Ave APT F, Homewood, AL, 35209 priced at $169,000 converts $1,279/mo rent into $292/mo cash flow after a $827/mo obligation. Total monthly income equals $1,279/mo, and annual cash flow totals $3,504/yr on $56,024 invested. Return on cash invested prints 26.16% in year one, and rental yield reads 9.08% against a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation compiles into $46,692 by year five. Five-year ROI reaches 136.03% and total cumulative return in cash sums $76,207. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,279/mo property income covering a $827/mo payment, not borrower’s personal income.
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
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Listed by: Joe Falconer • RealtySouth-OTM-Acton Rd
Mls Name: GALMLS
Mls Provider:
Mls ID: #21400723
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