508 26th Ave NWBirminghamAL35215
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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 508 26th Ave NW, Birmingham, AL, 35215 earns $362/mo cash flow from $1,579/mo rent with a $1,055/mo payment. Total monthly income totals $1,579/mo, and annual cash flow totals $4,349/yr on $71,438 capital. ROI tracks 26% on current figures, and rental yield reads 8.79% at a $215,500 purchase. Equity gained on principal adds $1,391/yr, and 5% annual appreciation supports $59,539 over five years. Five-year ROI reaches 134.8% and total cumulative return in cash sums $96,302. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,579/mo property income instead of your personal income.
Single Family
Built in 1961
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35215, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,407 (100%) |
| Owner Occupied HU | 8,913 (45.9%) |
| Renter Occupied HU | 7,980 (41.1%) |
| Vacant Housing Units | 2,514 (13.0%) |
| Median Home Value | $162,989 |
| Average Home Value | $234,141 |
Housing Distribution
Address Breakdown
Residential
19,014
Single Family
15,777
Multi-Family
3,237
Businesses
835
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Listed by: Santoria Woods • EXIT Realty Southern Select
Mls Name: GALMLS
Mls ID: #21439807