2722 Avenue IBirminghamAL35218
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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 2722 Avenue I, Birmingham, AL, 35218 offers a 9.1% rental yield on a $110,000 purchase with $834/mo rent. Total monthly income registers $834/mo, and a $538/mo payment leaves $214/mo available for distribution. Annual cash flow reaches $2,562/yr on $36,465 to close, and return on cash invested stands at 26.93% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 139.86% and total cumulative return in cash at $51,000. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $834/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
7,405 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: Dana Luker • Keller Williams Metro North
Mls Name: GALMLS
Mls ID: #21439888