2012 Leola AveBirminghamAL35207
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
Rental property for sale in Birmingham at 2012 Leola Ave, Birmingham, AL, 35207 priced at $174,300 pairs $2,039/mo rent with $993/mo cash flow after a $853/mo payment. Total monthly income equals $2,039/mo, and annual cash flow comes to $11,919/yr on $57,780 invested. Return on cash invested is 40.54% in year one, and rental yield stands at 14.04% on a $174,300 basis. Equity gained on principal adds $1,125/yr, and 5% annual appreciation accumulates to $48,156 by year five. Five-year ROI measures 213.27% and total cumulative return in cash reaches $123,231. For financing, Ziffy Mortgage’s DSCR program evaluates $2,039/mo property income against a $853/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35207, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,908 (100%) |
| Owner Occupied HU | 1,624 (41.6%) |
| Renter Occupied HU | 1,601 (41.0%) |
| Vacant Housing Units | 683 (17.5%) |
| Median Home Value | $94,643 |
| Average Home Value | $167,882 |
Housing Distribution
Address Breakdown
Residential
3,228
Single Family
2,927
Multi-Family
301
Businesses
274
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Bennett • Picket Realty Services
Mls Name: GALMLS
Mls Provider:
Mls ID: #21390377
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.