4828 Terrace S #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 4828 Terrace S #R, Birmingham, AL, 35208 listed at $127,000 pairs $1,018/mo rent with a $622/mo payment to leave $301/mo cash flow. Total monthly income runs $1,018/mo, and annual cash flow reaches $3,609/yr on $42,101 cash to close. Return on cash invested measures 28.48% in year one, and rental yield registers 9.62% at a $127,000 basis. Equity gained on principal adds $820/yr, and annual property appreciation at 5% supports $35,088 by year five. Five-year ROI tracks 148.15% and total cumulative return in cash totals $62,373. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,018/mo property income relative to a $622/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1928
9,583 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: Cassie Carter • RE/MAX Advantage
Mls Name: GALMLS
Mls ID: #21435914