1849 3rd Pl SWBirminghamAL35211
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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
Investment property for sale in Birmingham at 1849 3rd Pl SW, Birmingham, AL, 35211 earns $270/mo cash flow from $1,021/mo rent with a $651/mo payment. Total monthly income totals $1,021/mo, and annual cash flow totals $3,243/yr on $44,090 capital. ROI tracks 27.26% on current figures, and rental yield reads 9.21% at a $133,000 purchase. Equity gained on principal adds $858/yr, and 5% annual appreciation supports $36,745 over five years. Five-year ROI reaches 141.69% and total cumulative return in cash sums $62,469. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,021/mo property income instead of your personal income.
Single Family
Built in 1963
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35211, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,583 (100%) |
| Owner Occupied HU | 4,867 (35.8%) |
| Renter Occupied HU | 6,218 (45.8%) |
| Vacant Housing Units | 2,498 (18.4%) |
| Median Home Value | $127,860 |
| Average Home Value | $225,345 |
Housing Distribution
Address Breakdown
Residential
12,074
Single Family
9,184
Multi-Family
2,890
Businesses
679
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Listed by: Christina James • Keller Williams Realty Hoover
Mls Name: GALMLS
Mls ID: #21423728