3809 12th Ct S APT F3BirminghamAL35222
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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 3809 12th Ct S APT F3, Birmingham, AL, 35222 uses $58,013 cash to close to unlock $3,309/yr annual cash flow and $276/mo monthly cash flow. Total monthly income runs $1,264/mo, and a $857/mo payment keeps the spread at $276/mo. Purchase price stands at $175,000, and rental yield measures 8.67% with $1,264/mo rent. Return on cash invested shows 25.61% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 132.71% and total cumulative return in cash records $76,987. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,264/mo property income covering a $857/mo payment rather than investor’s personal income.
Condo
Built in 1929
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35222, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,713 (100%) |
| Owner Occupied HU | 2,014 (42.7%) |
| Renter Occupied HU | 2,191 (46.5%) |
| Vacant Housing Units | 508 (10.8%) |
| Median Home Value | $399,331 |
| Average Home Value | $535,552 |
Housing Distribution
Address Breakdown
Residential
4,377
Single Family
3,422
Multi-Family
955
Businesses
599
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Listed by: Kevin Dobbs • Keller Williams Homewood
Mls Name: GALMLS
Mls Provider:
Mls ID: #21432477
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.