2020 Avenue HBirminghamAL35218
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 2020 Avenue H, Birmingham, AL, 35218 in Birmingham earns a 11.48% gross yield at $105,900. Rent of $1,013/mo nets $391/mo after the $476/mo mortgage. The 2.13 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $29,258 and $975/yr in equity accumulation project a total cumulative return of $65,207.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 7.2% |
| Monthly Cash Flow | $391 | $450 |
City averages based on Birmingham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,013 |
| Total Monthly Debt Service | $580 |
| DSCR Ratio | 1.75x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35218, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,482 (100%) |
| Owner Occupied HU | 1,051 (30.2%) |
| Renter Occupied HU | 1,688 (48.5%) |
| Vacant Housing Units | 743 (21.3%) |
| Median Home Value | $82,102 |
| Average Home Value | $183,977 |
Housing Distribution
Address Breakdown
Residential
2,931
Single Family
2,750
Multi-Family
181
Businesses
293
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
Multi Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35218, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,482 (100%) |
| Owner Occupied HU | 1,051 (30.2%) |
| Renter Occupied HU | 1,688 (48.5%) |
| Vacant Housing Units | 743 (21.3%) |
| Median Home Value | $82,102 |
| Average Home Value | $183,977 |
Housing Distribution
Address Breakdown
Residential
2,931
Single Family
2,750
Multi-Family
181
Businesses
293
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandi Ard • Decas Group, Inc.
Mls Name: GALMLS
Mls Provider:
Mls ID: #21399498
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.