2416 34th Ave NBirminghamAL35207
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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 2416 34th Ave N, Birmingham, AL, 35207 listed at $110,000 pairs $851/mo rent with a $538/mo payment to leave $231/mo cash flow. Total monthly income runs $851/mo, and annual cash flow reaches $2,766/yr on $36,465 cash to close. Return on cash invested measures 27.49% in year one, and rental yield registers 9.28% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 142.92% and total cumulative return in cash totals $52,116. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $851/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35207, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,908 (100%) |
| Owner Occupied HU | 1,624 (41.6%) |
| Renter Occupied HU | 1,601 (41.0%) |
| Vacant Housing Units | 683 (17.5%) |
| Median Home Value | $94,643 |
| Average Home Value | $167,882 |
Housing Distribution
Address Breakdown
Residential
3,228
Single Family
2,927
Multi-Family
301
Businesses
274
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Listed by: Tracy Richardson • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls ID: #21433600