2335 20th Pl WBirminghamAL35208
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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
Rental property for sale in Birmingham at 2335 20th Pl W, Birmingham, AL, 35208 generates $990/mo in rent and, after a $636/mo payment, leaves $257/mo in cash flow. Total monthly income is $990/mo, and annual cash flow is $3,079/yr on $43,062 invested. Return on cash invested sits at 27.06% in year one, and rental yield is 9.15% on a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 140.55% and total cumulative return in cash sums $60,523. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $990/mo property income rather than buyer’s personal income.
Multi Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35208, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,803 (100%) |
| Owner Occupied HU | 2,766 (40.7%) |
| Renter Occupied HU | 2,770 (40.7%) |
| Vacant Housing Units | 1,267 (18.6%) |
| Median Home Value | $88,646 |
| Average Home Value | $199,797 |
Housing Distribution
Address Breakdown
Residential
5,760
Single Family
5,555
Multi-Family
205
Businesses
459
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Listed by: Rick Curry • TCG Real Estate, Inc.
Mls Name: GALMLS
Mls Provider:
Mls ID: #21379494
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.