1920 15th Way 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
Rental property for sale in Birmingham at 1920 15th Way SW, Birmingham, AL, 35211 generates $888/mo in rent and, after a $548/mo payment, leaves $256/mo in cash flow. Total monthly income is $888/mo, and annual cash flow is $3,072/yr on $37,128 invested. Return on cash invested sits at 28.18% in year one, and rental yield is 9.51% on a $112,000 entry. Equity gained on principal adds $723/yr, while 5% annual appreciation builds toward $30,944 over five years. Five-year ROI reaches 146.49% and total cumulative return in cash sums $54,387. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $888/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
6,534 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: Clay Collins • Evernest Too
Mls Name: GALMLS
Mls ID: #21424390