2412 2nd Ave NBirminghamAL35203
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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 2412 2nd Ave N, Birmingham, AL, 35203 listed at $285,000 pairs $2,514/mo rent with a $1,395/mo payment to leave $905/mo cash flow. Total monthly income runs $2,514/mo, and annual cash flow reaches $10,863/yr on $94,478 cash to close. Return on cash invested measures 31.41% in year one, and rental yield registers 10.59% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 163.82% and total cumulative return in cash totals $154,770. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,514/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35203, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,507 (100%) |
| Owner Occupied HU | 364 (14.5%) |
| Renter Occupied HU | 1,505 (60.0%) |
| Vacant Housing Units | 638 (25.4%) |
| Median Home Value | $318,085 |
| Average Home Value | $347,551 |
Housing Distribution
Address Breakdown
Residential
1,819
Single Family
357
Multi-Family
1,462
Businesses
1,578
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Listed by: Carrie Hill Smith • Mountain Brook Crestline
Mls Name: RealtySouth
Mls ID: #21440441