4012 Terrace Rd #RBirminghamAL35208
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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 4012 Terrace Rd #R, Birmingham, AL, 35208 offers a 9.42% rental yield on a $122,900 purchase with $965/mo rent. Total monthly income registers $965/mo, and a $602/mo payment leaves $271/mo available for distribution. Annual cash flow reaches $3,250/yr on $40,741 to close, and return on cash invested stands at 27.89% in year one. Equity gained on principal adds $793/yr while 5% annual appreciation supports $33,955 over five years. Portfolio math shows five-year ROI at 144.93% and total cumulative return in cash at $59,046. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $965/mo property income against a $602/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35208, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,803 (100%) |
| Owner Occupied HU | 2,766 (40.7%) |
| Renter Occupied HU | 2,770 (40.7%) |
| Vacant Housing Units | 1,267 (18.6%) |
| Median Home Value | $88,646 |
| Average Home Value | $199,797 |
Housing Distribution
Address Breakdown
Residential
5,760
Single Family
5,555
Multi-Family
205
Businesses
459
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Listed by: Bonita Stewart • EPI Real Estate
Mls Name: GALMLS
Mls ID: #21430998