632 64th 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
Rental property for sale in Birmingham at 632 64th St S, Birmingham, AL, 35212 generates $937/mo in rent and, after a $581/mo payment, leaves $210/mo in cash flow. Total monthly income is $937/mo, and annual cash flow is $2,519/yr on $39,366 invested. Return on cash invested sits at 26.31% in year one, and rental yield is 9.47% on a $118,750 entry. Equity gained on principal adds $766/yr, while 5% annual appreciation builds toward $32,808 over five years. Five-year ROI reaches 137.08% and total cumulative return in cash sums $53,963. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $937/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
4,356 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: Ben Hedden • Bham Realty, LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21398823
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.