600 53rd St 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 600 53rd St S, Birmingham, AL, 35212 listed at $489,000 pairs $2,729/mo rent with a $2,393/mo payment. Total monthly income runs $2,729/mo. Return on cash invested measures 19.09% in year one, and rental yield registers 6.7% at a $489,000 basis. Equity gained on principal adds $3,155/yr, and annual property appreciation at 5% supports $135,102 by year five. Five-year ROI tracks 97.97% and total cumulative return in cash totals $158,806. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,729/mo property income relative to a $2,393/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1927
7,840 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: Trish Kren • Tinsley Realty Company
Mls Name: GALMLS
Mls Provider:
Mls ID: #21418112
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.