3008 Avenue HBirminghamAL35218
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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 3008 Avenue H, Birmingham, AL, 35218 earns $486/mo cash flow from $1,366/mo rent with a $763/mo payment. Total monthly income totals $1,366/mo, and annual cash flow totals $5,833/yr on $51,681 capital. ROI tracks 31.2% on current figures, and rental yield reads 10.51% at a $155,900 purchase. Equity gained on principal adds $1,006/yr, and 5% annual appreciation supports $43,072 over five years. Five-year ROI reaches 162.76% and total cumulative return in cash sums $84,118. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,366/mo property income instead of your personal income.
Single Family
Built in 1930
7,840 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: Lauren Emery • Keller Williams
Mls Name: GALMLS
Mls ID: #21427377