3720 Howard Ave SWBirminghamAL35221
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 3720 Howard Ave SW, Birmingham, AL, 35221 in Birmingham delivers $845/mo in gross rent and $224/mo in net monthly income at a $110,000 entry. The 9.22% yield and 1.71 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $30,391 over five years and $1,013/yr in equity from loan paydown, total projected return is $55,885.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 7.2% |
| Monthly Cash Flow | $224 | $450 |
City averages based on Birmingham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $845 |
| Total Monthly Debt Service | $577 |
| DSCR Ratio | 1.46x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1965
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35221, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,308 (100%) |
| Owner Occupied HU | 1,115 (48.3%) |
| Renter Occupied HU | 645 (27.9%) |
| Vacant Housing Units | 548 (23.7%) |
| Median Home Value | $76,185 |
| Average Home Value | $226,626 |
Housing Distribution
Address Breakdown
Residential
1,889
Single Family
1,795
Multi-Family
94
Businesses
91
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
Single Family
Built in 1965
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35221, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,308 (100%) |
| Owner Occupied HU | 1,115 (48.3%) |
| Renter Occupied HU | 645 (27.9%) |
| Vacant Housing Units | 548 (23.7%) |
| Median Home Value | $76,185 |
| Average Home Value | $226,626 |
Housing Distribution
Address Breakdown
Residential
1,889
Single Family
1,795
Multi-Family
94
Businesses
91
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelli Gilmer • EXIT Realty Southern Select - Oneonta
Mls Name: GALMLS
Mls ID: #21434533