2304 Avenue JBirminghamAL35218
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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 2304 Avenue J, Birmingham, AL, 35218 earns $935/mo cash flow from $1,762/mo rent with a $649/mo payment. Total monthly income totals $1,762/mo, and annual cash flow totals $11,223/yr on $43,924 capital. ROI tracks 45.46% on current figures, and rental yield reads 15.96% at a $132,500 purchase. Equity gained on principal adds $855/yr, and 5% annual appreciation supports $36,607 over five years. Five-year ROI reaches 240.02% and total cumulative return in cash sums $105,428. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,762/mo property income instead of your personal income.
Single Family
Built in 1949
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35218, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,482 (100%) |
| Owner Occupied HU | 1,051 (30.2%) |
| Renter Occupied HU | 1,688 (48.5%) |
| Vacant Housing Units | 743 (21.3%) |
| Median Home Value | $82,102 |
| Average Home Value | $183,977 |
Housing Distribution
Address Breakdown
Residential
2,931
Single Family
2,750
Multi-Family
181
Businesses
293
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Listed by: Angel Tyus-Waldrop • Town Square Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21396200
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.