4813 Terrace S #MBirminghamAL35208
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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 4813 Terrace S #M, Birmingham, AL, 35208 priced at $105,000 converts $831/mo rent into $204/mo cash flow after a $514/mo obligation. Total monthly income equals $831/mo, and annual cash flow totals $2,444/yr on $34,808 invested. Return on cash invested prints 26.93% in year one, and rental yield reads 9.5% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 140.25% and total cumulative return in cash sums $48,818. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $831/mo property income covering a $514/mo payment, not borrower’s personal income.
Single Family
Built in 1950
6,969 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: Katara Wilson-Clark • Keller Williams Trussville
Mls Name: GALMLS
Mls Provider:
Mls ID: #21413890
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