6600 4th 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 6600 4th Ave S, Birmingham, AL, 35212 uses $36,763 cash to close to unlock $3,034/yr annual cash flow and $253/mo monthly cash flow. Total monthly income runs $879/mo, and a $543/mo payment keeps the spread at $253/mo. Purchase price stands at $110,900, and rental yield measures 9.51% with $879/mo rent. Return on cash invested shows 28.16% in year one, and 5% annual appreciation builds toward $30,640 over five years. Five-year ROI reaches 146.45% and total cumulative return in cash records $53,838. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $879/mo property income covering a $543/mo payment rather than investor’s personal income.
Single Family
Built in 1952
0.29 Acres 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: Kena Byrd • EXIT MelRose Realty
Mls Name: GALMLS
Mls ID: #21439890