5977 Princess BlvdBirminghamAL35215
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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 5977 Princess Blvd, Birmingham, AL, 35215 offers a 8.85% rental yield on a $214,000 purchase with $1,578/mo rent. Total monthly income registers $1,578/mo, and a $1,047/mo payment leaves $357/mo available for distribution. Annual cash flow reaches $4,281/yr on $70,941 to close, and return on cash invested stands at 25.94% in year one. Equity gained on principal adds $1,381/yr while 5% annual appreciation supports $59,124 over five years. Portfolio math shows five-year ROI at 134.58% and total cumulative return in cash at $95,471. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,578/mo property income against a $1,047/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
6,969 sqft lot
$N/A/sqft
$165 annually 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: Breanna Green • eXp Realty, LLC Central
Mls Name: GALMLS
Mls Provider:
Mls ID: #21422538
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.