2204 14th Ave NBirminghamAL35234
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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 2204 14th Ave N, Birmingham, AL, 35234 uses $57,641 cash to close to unlock $4,303/yr annual cash flow and $359/mo monthly cash flow. Total monthly income runs $1,340/mo, and a $851/mo payment keeps the spread at $359/mo. Purchase price stands at $173,880, and rental yield measures 9.25% with $1,340/mo rent. Return on cash invested shows 27.37% in year one, and 5% annual appreciation builds toward $48,040 over five years. Five-year ROI reaches 142.2% and total cumulative return in cash records $81,963. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,340/mo property income covering a $851/mo payment rather than investor’s personal income.
Single Family
Built in 1920
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35234, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,536 (100%) |
| Owner Occupied HU | 812 (32.0%) |
| Renter Occupied HU | 1,164 (45.9%) |
| Vacant Housing Units | 560 (22.1%) |
| Median Home Value | $72,885 |
| Average Home Value | $165,877 |
Housing Distribution
Address Breakdown
Residential
2,187
Single Family
1,976
Multi-Family
211
Businesses
221
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Listed by: Hugh Morrow • RE/MAX Preferred
Mls Name: GALMLS
Mls ID: #21422076