318 Beta StBirminghamAL35205
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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
Rental property for sale in Birmingham at 318 Beta St, Birmingham, AL, 35205 priced at $185,000 converts $1,418/mo rent into $374/mo cash flow after a $905/mo obligation. Total monthly income equals $1,418/mo, and annual cash flow totals $4,491/yr on $61,328 invested. Return on cash invested prints 27.23% in year one, and rental yield reads 9.2% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 141.45% and total cumulative return in cash sums $86,751. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,418/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 2021
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35205, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,646 (100%) |
| Owner Occupied HU | 2,695 (23.1%) |
| Renter Occupied HU | 7,001 (60.1%) |
| Vacant Housing Units | 1,950 (16.7%) |
| Median Home Value | $365,353 |
| Average Home Value | $470,767 |
Housing Distribution
Address Breakdown
Residential
11,221
Single Family
5,821
Multi-Family
5,400
Businesses
803
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Listed by: Ebonie Brown • EXIT Realty Birmingham
Mls Name: GALMLS
Mls ID: #21441081