4232 42nd St NBirminghamAL35217
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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
Rental property for sale in Birmingham at 4232 42nd St N, Birmingham, AL, 35217 generates $1,336/mo in rent and, after a $617/mo payment, leaves $625/mo in cash flow. Total monthly income is $1,336/mo, and annual cash flow is $7,494/yr on $41,769 invested. Return on cash invested sits at 37.85% in year one, and rental yield is 12.72% on a $126,000 entry. Equity gained on principal adds $813/yr, while 5% annual appreciation builds toward $34,811 over five years. Five-year ROI reaches 198.39% and total cumulative return in cash sums $82,867. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,336/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35217, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,910 (100%) |
| Owner Occupied HU | 2,400 (40.6%) |
| Renter Occupied HU | 2,508 (42.4%) |
| Vacant Housing Units | 1,002 (17.0%) |
| Median Home Value | $120,000 |
| Average Home Value | $230,202 |
Housing Distribution
Address Breakdown
Residential
5,368
Single Family
4,879
Multi-Family
489
Businesses
590
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Listed by: Tami Hallman • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls Provider:
Mls ID: #21421996
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.