6625 6th Ct SBirminghamAL35212
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
Investment Highlights
Investment property for sale in Birmingham at 6625 6th Ct S, Birmingham, AL, 35212 offers a 9.93% rental yield on a $249,999 purchase with $2,068/mo rent. Total monthly income registers $2,068/mo, and a $1,224/mo payment leaves $657/mo available for distribution. Annual cash flow reaches $7,878/yr on $82,875 to close, and return on cash invested stands at 29.41% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 153.12% and total cumulative return in cash at $126,898. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,068/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1998
0.34 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susie Beth Patterson • eXp Realty, LLC Central
Mls Name: GALMLS
Mls ID: #21428410