2136 16th Ave S APT B4BirminghamAL35205
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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
Investment property for sale in Birmingham at 2136 16th Ave S APT B4, Birmingham, AL, 35205 uses $47,902 cash to close to unlock $1,003/yr annual cash flow and $84/mo monthly cash flow. Total monthly income runs $1,197/mo, and a $707/mo payment keeps the spread at $84/mo. Purchase price stands at $144,500, and rental yield measures 9.94% with $1,197/mo rent. Return on cash invested shows 22% in year one, and 5% annual appreciation builds toward $39,923 over five years. Five-year ROI reaches 116.1% and total cumulative return in cash records $55,615. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,197/mo property income covering a $707/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$298 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35205, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,646 (100%) |
| Owner Occupied HU | 2,695 (23.1%) |
| Renter Occupied HU | 7,001 (60.1%) |
| Vacant Housing Units | 1,950 (16.7%) |
| Median Home Value | $365,353 |
| Average Home Value | $470,767 |
Housing Distribution
Address Breakdown
Residential
11,221
Single Family
5,821
Multi-Family
5,400
Businesses
803
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Listed by: Felicia Thomas • Norluxe Realty Huntsville
Mls Name: ValleyMLS
Mls Provider:
Mls ID: #21887395
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