1821 4th St NWBirminghamAL35215
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 Birmingham at 1821 4th St NW, Birmingham, AL, 35215 earns $307/mo cash flow from $1,106/mo rent with a $693/mo payment. Total monthly income totals $1,106/mo, and annual cash flow totals $3,682/yr on $46,907 capital. ROI tracks 27.76% on current figures, and rental yield reads 9.38% at a $141,500 purchase. Equity gained on principal adds $913/yr, and 5% annual appreciation supports $39,094 over five years. Five-year ROI reaches 144.24% and total cumulative return in cash sums $67,657. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,106/mo property income instead of your personal income.
Single Family
Built in 1960
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35215, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,407 (100%) |
| Owner Occupied HU | 8,913 (45.9%) |
| Renter Occupied HU | 7,980 (41.1%) |
| Vacant Housing Units | 2,514 (13.0%) |
| Median Home Value | $162,989 |
| Average Home Value | $234,141 |
Housing Distribution
Address Breakdown
Residential
19,014
Single Family
15,777
Multi-Family
3,237
Businesses
835
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Justice • EXIT Justice Realty LLC
Mls Name: GALMLS
Mls ID: #21421831