5829 6th Ave 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 5829 6th Ave S, Birmingham, AL, 35212 offers a 8.54% rental yield on a $339,900 purchase with $2,418/mo rent. Total monthly income registers $2,418/mo, and a $1,664/mo payment leaves $452/mo available for distribution. Annual cash flow reaches $5,425/yr on $112,677 to close, and return on cash invested stands at 24.72% in year one. Equity gained on principal adds $2,193/yr while 5% annual appreciation supports $93,908 over five years. Portfolio math shows five-year ROI at 128.17% and total cumulative return in cash at $144,419. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,418/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
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: Andrew Fair • Keller Williams Homewood
Mls Name: GALMLS
Mls Provider:
Mls ID: #21419752
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.