219 47th Pl NBirminghamAL35212
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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 219 47th Pl N, Birmingham, AL, 35212 listed at $165,999 pairs $1,461/mo rent with a $812/mo payment to leave $525/mo cash flow. Total monthly income runs $1,461/mo, and annual cash flow reaches $6,294/yr on $55,029 cash to close. Return on cash invested measures 31.35% in year one, and rental yield registers 10.56% at a $165,999 basis. Equity gained on principal adds $1,071/yr, and annual property appreciation at 5% supports $45,862 by year five. Five-year ROI tracks 163.51% and total cumulative return in cash totals $89,977. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,461/mo property income relative to a $812/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35212, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,683 (100%) |
| Owner Occupied HU | 2,041 (35.9%) |
| Renter Occupied HU | 2,632 (46.3%) |
| Vacant Housing Units | 1,010 (17.8%) |
| Median Home Value | $270,215 |
| Average Home Value | $271,862 |
Housing Distribution
Address Breakdown
Residential
4,762
Single Family
4,162
Multi-Family
600
Businesses
333
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Listed by: Josh Vernon • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls ID: #21440119