5808 Avenue OBirminghamAL35228
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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 5808 Avenue O, Birmingham, AL, 35228 uses $38,123 cash to close to unlock $4,149/yr annual cash flow and $346/mo monthly cash flow. Total monthly income runs $995/mo, and a $563/mo payment keeps the spread at $346/mo. Purchase price stands at $115,000, and rental yield measures 10.38% with $995/mo rent. Return on cash invested shows 30.79% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 160.53% and total cumulative return in cash records $61,197. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $995/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1948
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35228, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,371 (100%) |
| Owner Occupied HU | 2,168 (49.6%) |
| Renter Occupied HU | 1,653 (37.8%) |
| Vacant Housing Units | 550 (12.6%) |
| Median Home Value | $102,675 |
| Average Home Value | $233,567 |
Housing Distribution
Address Breakdown
Residential
3,951
Single Family
3,723
Multi-Family
228
Businesses
235
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Listed by: Tony McDaniels • eXp Realty, LLC Central
Mls Name: GALMLS
Mls ID: #21438574