3311 33rd Pl NBirminghamAL35207
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 3311 33rd Pl N, Birmingham, AL, 35207 uses $39,449 cash to close to unlock $6,969/yr annual cash flow and $581/mo monthly cash flow. Total monthly income runs $1,252/mo, and a $582/mo payment keeps the spread at $581/mo. Purchase price stands at $119,000, and rental yield measures 12.63% with $1,252/mo rent. Return on cash invested shows 37.58% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 196.89% and total cumulative return in cash records $77,669. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,252/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 1926
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35207, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,908 (100%) |
| Owner Occupied HU | 1,624 (41.6%) |
| Renter Occupied HU | 1,601 (41.0%) |
| Vacant Housing Units | 683 (17.5%) |
| Median Home Value | $94,643 |
| Average Home Value | $167,882 |
Housing Distribution
Address Breakdown
Residential
3,228
Single Family
2,927
Multi-Family
301
Businesses
274
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yaisa Robinson • EXIT Realty Cahaba
Mls Name: GALMLS
Mls ID: #21437321