504 59th Pl SBirminghamAL35212
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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 504 59th Pl S, Birmingham, AL, 35212 earns $136/mo cash flow from $1,416/mo rent with a $899/mo payment. Total monthly income totals $1,416/mo, and annual cash flow totals $1,629/yr on $60,907 capital. ROI tracks 22.58% on current figures, and rental yield reads 9.25% at a $183,733 purchase. Equity gained on principal adds $1,186/yr, and 5% annual appreciation supports $50,762 over five years. Five-year ROI reaches 118.23% and total cumulative return in cash sums $72,013. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,416/mo property income instead of your personal income.
Single Family
Built in 1956
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35212, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,683 (100%) |
| Owner Occupied HU | 2,041 (35.9%) |
| Renter Occupied HU | 2,632 (46.3%) |
| Vacant Housing Units | 1,010 (17.8%) |
| Median Home Value | $270,215 |
| Average Home Value | $271,862 |
Housing Distribution
Address Breakdown
Residential
4,762
Single Family
4,162
Multi-Family
600
Businesses
333
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Listed by: Greg Butler • Butler Realty, LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21377939
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.