719 Owen AveMidfieldAL35228
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
Rental property for sale in Midfield at 719 Owen Ave, Midfield, AL, 35228 priced at $129,900 pairs $993/mo rent with $217/mo cash flow after a $636/mo payment. Total monthly income equals $993/mo, and annual cash flow comes to $2,607/yr on $43,062 invested. Return on cash invested is 25.96% in year one, and rental yield stands at 9.17% on a $129,900 basis. Equity gained on principal adds $838/yr, and 5% annual appreciation accumulates to $35,889 by year five. Five-year ROI measures 135.12% and total cumulative return in cash reaches $58,183. For financing, Ziffy Mortgage’s DSCR program evaluates $993/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35228, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,371 (100%) |
| Owner Occupied HU | 2,168 (49.6%) |
| Renter Occupied HU | 1,653 (37.8%) |
| Vacant Housing Units | 550 (12.6%) |
| Median Home Value | $102,675 |
| Average Home Value | $233,567 |
Housing Distribution
Address Breakdown
Residential
3,951
Single Family
3,723
Multi-Family
228
Businesses
235
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Latarsha Jones • Barnes & Associates
Mls Name: GALMLS
Mls Provider:
Mls ID: #21389460
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.