404 6th StBirminghamAL35214
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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 404 6th St, Birmingham, AL, 35214 listed at $108,000 pairs $844/mo rent with a $529/mo payment to leave $181/mo cash flow. Total monthly income runs $844/mo, and annual cash flow reaches $2,177/yr on $35,802 cash to close. Return on cash invested measures 25.99% in year one, and rental yield registers 9.38% at a $108,000 basis. Equity gained on principal adds $697/yr, and annual property appreciation at 5% supports $29,838 by year five. Five-year ROI tracks 135.5% and total cumulative return in cash totals $48,512. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $844/mo property income relative to a $529/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
6,969 sqft 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: Nebrazy Adams • RealtySouth-I459 Southwest
Mls Name: GALMLS
Mls Provider:
Mls ID: #21383546
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.