2817 4th Ave S #201BirminghamAL35233
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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
Total monthly income runs $2,420/mo, and a $3,352/mo payment. Purchase price stands at $684,900, and rental yield measures 4.24% with $2,420/mo rent. Return on cash invested shows 12.36% in year one, and 5% annual appreciation builds toward $189,225 over five years. Five-year ROI reaches 61.62% and total cumulative return in cash records $138,855. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,420/mo property income covering a $3,352/mo payment rather than investor’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35233, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,056 (100%) |
| Owner Occupied HU | 118 ( 3.9%) |
| Renter Occupied HU | 2,614 (85.5%) |
| Vacant Housing Units | 324 (10.6%) |
| Median Home Value | $338,095 |
| Average Home Value | $327,813 |
Housing Distribution
Address Breakdown
Residential
2,535
Single Family
1,452
Multi-Family
1,083
Businesses
740
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Listed by: Will Casey • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21420201
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.