2129 21st Ave SBirminghamAL35223
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
Investment property for sale in Birmingham at 2129 21st Ave S, Birmingham, AL, 35223 uses $132,600 cash to close to unlock $224/yr annual cash flow and $19/mo monthly cash flow. Total monthly income runs $2,484/mo, and a $1,958/mo payment keeps the spread at $19/mo. Purchase price stands at $400,000, and rental yield measures 7.45% with $2,484/mo rent. Return on cash invested shows 20.08% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 103.71% and total cumulative return in cash records $137,524. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,484/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 1943
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35223, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,820 (100%) |
| Owner Occupied HU | 3,934 (81.6%) |
| Renter Occupied HU | 707 (14.7%) |
| Vacant Housing Units | 179 ( 3.7%) |
| Median Home Value | $722,762 |
| Average Home Value | $923,552 |
Housing Distribution
Address Breakdown
Residential
4,894
Single Family
4,346
Multi-Family
548
Businesses
689
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Marsh • Red Realty Brokers
Mls Name: GALMLS
Mls Provider:
Mls ID: #21398060
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.