3254 Cherry AveBirminghamAL35214
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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 3254 Cherry Ave, Birmingham, AL, 35214 with 5% annual appreciation on a $155,000 basis while $1,196/mo rent supports operations. Total monthly income totals $1,196/mo and a $759/mo payment preserves $298/mo for cash returns. Annual cash flow comes to $3,572/yr on $51,383 deployed, and return on cash invested reaches 26.86% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,824 alongside rental yield of 9.26%. Five-year ROI measures 139.62% and total cumulative return in cash totals $71,740.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,196/mo property income versus a $759/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35214, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,272 (100%) |
| Owner Occupied HU | 4,940 (59.7%) |
| Renter Occupied HU | 2,416 (29.2%) |
| Vacant Housing Units | 916 (11.1%) |
| Median Home Value | $162,610 |
| Average Home Value | $211,189 |
Housing Distribution
Address Breakdown
Residential
7,960
Single Family
7,374
Multi-Family
586
Businesses
391
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Listed by: Heidi Calamusa • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21413292
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.