524 Fulton Ave SWBirminghamAL35211
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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 524 Fulton Ave SW, Birmingham, AL, 35211 offers $1,002/mo rent that, after a $612/mo payment, leaves $296/mo cash flow. Total monthly income is $1,002/mo, and annual cash flow is $3,555/yr on $41,438 cash. Return on cash invested measures 28.49% in year one, and rental yield stands at 9.62% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 148.23% and total cumulative return in cash reaches $61,421. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,002/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35211, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,583 (100%) |
| Owner Occupied HU | 4,867 (35.8%) |
| Renter Occupied HU | 6,218 (45.8%) |
| Vacant Housing Units | 2,498 (18.4%) |
| Median Home Value | $127,860 |
| Average Home Value | $225,345 |
Housing Distribution
Address Breakdown
Residential
12,074
Single Family
9,184
Multi-Family
2,890
Businesses
679
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Listed by: Dana Luker • Keller Williams Metro North
Mls Name: GALMLS
Mls ID: #21434366