514 Park StBirminghamAL35213
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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 514 Park St, Birmingham, AL, 35213 listed at $365,100 pairs $2,384/mo rent with a $1,787/mo payment to leave $132/mo cash flow. Total monthly income runs $2,384/mo, and annual cash flow reaches $1,582/yr on $121,031 cash to close. Return on cash invested measures 21.22% in year one, and rental yield registers 7.84% at a $365,100 basis. Equity gained on principal adds $2,356/yr, and annual property appreciation at 5% supports $100,870 by year five. Five-year ROI tracks 109.82% and total cumulative return in cash totals $132,915. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,384/mo property income relative to a $1,787/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35213, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,571 (100%) |
| Owner Occupied HU | 4,263 (64.9%) |
| Renter Occupied HU | 2,001 (30.5%) |
| Vacant Housing Units | 307 ( 4.7%) |
| Median Home Value | $650,762 |
| Average Home Value | $795,174 |
Housing Distribution
Address Breakdown
Residential
6,523
Single Family
5,252
Multi-Family
1,271
Businesses
470
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Listed by: Kathy O'Rear • LAH Sotheby's International Realty Mountain Brook
Mls Name: GALMLS
Mls Provider:
Mls ID: #21425964
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.