7424 Division AveBirminghamAL35206
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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 7424 Division Ave, Birmingham, AL, 35206 priced at $114,100 pairs $1,413/mo rent with $681/mo cash flow after a $558/mo payment. Total monthly income equals $1,413/mo, and annual cash flow comes to $8,175/yr on $37,824 invested. Return on cash invested is 41.52% in year one, and rental yield stands at 14.86% on a $114,100 basis. Equity gained on principal adds $736/yr, and 5% annual appreciation accumulates to $31,524 by year five. Five-year ROI measures 219.14% and total cumulative return in cash reaches $82,887. For financing, Ziffy Mortgage’s DSCR program evaluates $1,413/mo property income against a $558/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1910
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35206, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,370 (100%) |
| Owner Occupied HU | 3,160 (42.9%) |
| Renter Occupied HU | 2,907 (39.4%) |
| Vacant Housing Units | 1,303 (17.7%) |
| Median Home Value | $127,469 |
| Average Home Value | $252,864 |
Housing Distribution
Address Breakdown
Residential
6,878
Single Family
6,420
Multi-Family
458
Businesses
427
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Listed by: Moe Mossa • Savvy Avenue, LLC
Mls Name: GALMLS
Mls Provider:
Mls ID: #21415063
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.