707 Center Way SBirminghamAL35205
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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 707 Center Way S, Birmingham, AL, 35205 generates $1,030/mo in rent and, after a $636/mo payment, leaves $297/mo in cash flow. Total monthly income is $1,030/mo, and annual cash flow is $3,558/yr on $43,095 invested. Return on cash invested sits at 28.17% in year one, and rental yield is 9.51% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 146.45% and total cumulative return in cash sums $63,111. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,030/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35205, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,646 (100%) |
| Owner Occupied HU | 2,695 (23.1%) |
| Renter Occupied HU | 7,001 (60.1%) |
| Vacant Housing Units | 1,950 (16.7%) |
| Median Home Value | $365,353 |
| Average Home Value | $470,767 |
Housing Distribution
Address Breakdown
Residential
11,221
Single Family
5,821
Multi-Family
5,400
Businesses
803
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Listed by: Rick Waggoner • Smart Decision and Associates
Mls Name: GALMLS
Mls ID: #21435280