3227 Central AveBirminghamAL35224
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3227 Central Ave, Birmingham, AL, 35224 uses $45,747 cash to close to unlock $3,750/yr annual cash flow and $313/mo monthly cash flow. Total monthly income runs $1,091/mo, and a $675/mo payment keeps the spread at $313/mo. Purchase price stands at $138,000, and rental yield measures 9.49% with $1,091/mo rent. Return on cash invested shows 28.11% in year one, and 5% annual appreciation builds toward $38,127 over five years. Five-year ROI reaches 146.15% and total cumulative return in cash records $66,858. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,091/mo property income covering a $675/mo payment rather than investor’s personal income.
Single Family
Built in 1989
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35224, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,610 (100%) |
| Owner Occupied HU | 1,324 (50.7%) |
| Renter Occupied HU | 782 (30.0%) |
| Vacant Housing Units | 504 (19.3%) |
| Median Home Value | $86,250 |
| Average Home Value | $135,366 |
Housing Distribution
Address Breakdown
Residential
2,317
Single Family
2,317
Multi-Family
0
Businesses
108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christy Hyche • Keller Williams Metro North
Mls Name: GALMLS
Mls ID: #21440122