300 39th St SBirminghamAL35222
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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 300 39th St S, Birmingham, AL, 35222 uses $102,765 cash to close to unlock $7,098/yr annual cash flow and $592/mo monthly cash flow. Total monthly income runs $2,341/mo, and a $1,517/mo payment keeps the spread at $592/mo. Purchase price stands at $310,000, and rental yield measures 9.06% with $2,341/mo rent. Return on cash invested shows 26.82% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 139.19% and total cumulative return in cash records $143,035. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,341/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Single Family
Built in 1925
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35222, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,713 (100%) |
| Owner Occupied HU | 2,014 (42.7%) |
| Renter Occupied HU | 2,191 (46.5%) |
| Vacant Housing Units | 508 (10.8%) |
| Median Home Value | $399,331 |
| Average Home Value | $535,552 |
Housing Distribution
Address Breakdown
Residential
4,377
Single Family
3,422
Multi-Family
955
Businesses
599
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Listed by: Tammy Mularski • RealtySouth-Inverness Office
Mls Name: GALMLS
Mls ID: #21433144