724 39th St NBirminghamAL35222
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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 724 39th St N, Birmingham, AL, 35222 earns $199/mo cash flow from $1,102/mo rent with a $783/mo payment. Total monthly income totals $1,102/mo, and annual cash flow totals $2,388/yr on $53,040 capital. ROI tracks 24.41% on current figures, and rental yield reads 8.27% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 126.27% and total cumulative return in cash sums $66,974. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,102/mo property income instead of your personal income.
Single Family
Built in 1920
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35222, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,713 (100%) |
| Owner Occupied HU | 2,014 (42.7%) |
| Renter Occupied HU | 2,191 (46.5%) |
| Vacant Housing Units | 508 (10.8%) |
| Median Home Value | $399,331 |
| Average Home Value | $535,552 |
Housing Distribution
Address Breakdown
Residential
4,377
Single Family
3,422
Multi-Family
955
Businesses
599
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Listed by: Brittany Colston • Keller Williams Metro North
Mls Name: GALMLS
Mls ID: #21440164