2121 47th PlBirminghamAL35208
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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 2121 47th Pl, Birmingham, AL, 35208 generates $1,391/mo in rent and, after a $690/mo payment, leaves $595/mo in cash flow. Total monthly income is $1,391/mo, and annual cash flow is $7,143/yr on $46,742 invested. Return on cash invested sits at 35.19% in year one, and rental yield is 11.84% on a $141,000 entry. Equity gained on principal adds $910/yr, while 5% annual appreciation builds toward $38,956 over five years. Five-year ROI reaches 184.15% and total cumulative return in cash sums $86,076. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,391/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35208, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,803 (100%) |
| Owner Occupied HU | 2,766 (40.7%) |
| Renter Occupied HU | 2,770 (40.7%) |
| Vacant Housing Units | 1,267 (18.6%) |
| Median Home Value | $88,646 |
| Average Home Value | $199,797 |
Housing Distribution
Address Breakdown
Residential
5,760
Single Family
5,555
Multi-Family
205
Businesses
459
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Listed by: Kay Zarzour • ERA King Real Estate - Birmingham
Mls Name: GALMLS
Mls ID: #21418009