412 Art Hanes BlvdBirminghamAL35213
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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
Rental property for sale in Birmingham at 412 Art Hanes Blvd, Birmingham, AL, 35213 priced at $434,900 pairs $2,640/mo rent with $185/mo cash flow after a $2,129/mo payment. Total monthly income equals $2,640/mo, and annual cash flow comes to $2,218/yr on $144,169 invested. Return on cash invested is 21.45% in year one, and rental yield stands at 7.28% on a $434,900 basis. Equity gained on principal adds $2,806/yr, and 5% annual appreciation accumulates to $120,155 by year five. Five-year ROI measures 110.37% and total cumulative return in cash reaches $159,113. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $2,129/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35213, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,571 (100%) |
| Owner Occupied HU | 4,263 (64.9%) |
| Renter Occupied HU | 2,001 (30.5%) |
| Vacant Housing Units | 307 ( 4.7%) |
| Median Home Value | $650,762 |
| Average Home Value | $795,174 |
Housing Distribution
Address Breakdown
Residential
6,523
Single Family
5,252
Multi-Family
1,271
Businesses
470
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Listed by: Matt Wallington • ARC Realty Vestavia
Mls Name: GALMLS
Mls ID: #21434560