1833 15th Ave NBirminghamAL35234
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 1833 15th Ave N, Birmingham, AL, 35234 offers a 1.82% rental yield on a $637,900 purchase with $967/mo rent. Equity gained on principal adds $4,116/yr while 5% annual appreciation supports $176,240 over five years. Portfolio math shows five-year ROI at 22.16% and total cumulative return in cash at $46,507. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $967/mo property income against a $3,122/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35234, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,536 (100%) |
| Owner Occupied HU | 812 (32.0%) |
| Renter Occupied HU | 1,164 (45.9%) |
| Vacant Housing Units | 560 (22.1%) |
| Median Home Value | $72,885 |
| Average Home Value | $165,877 |
Housing Distribution
Address Breakdown
Residential
2,187
Single Family
1,976
Multi-Family
211
Businesses
221
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandy Herschbach • RealtySouth-Homewood
Mls Name: GALMLS
Mls ID: #21428776