609 52nd St SBirminghamAL35212
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.05% gross rental yield, 609 52nd St S, Birmingham, AL, 35212 in Birmingham is priced for capital growth, not immediate cash flow. The $409,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $112,999 by year five, with $3,767/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.75) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $91,765.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.1% | 7.2% |
| Monthly Cash Flow | $(972) | $450 |
City averages based on Birmingham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,380 |
| Total Monthly Debt Service | $2,189 |
| DSCR Ratio | 0.63x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1930
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trish Kren • Tinsley Realty Company
Mls Name: GALMLS
Mls Provider:
Mls ID: #21412148
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.