7433 2nd Ave SBirminghamAL35206
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 7433 2nd Ave S, Birmingham, AL, 35206 uses $61,991 cash to close to unlock $9,351/yr annual cash flow and $779/mo monthly cash flow. Total monthly income runs $1,844/mo, and a $915/mo payment keeps the spread at $779/mo. Purchase price stands at $187,000, and rental yield measures 11.83% with $1,844/mo rent. Return on cash invested shows 34.99% in year one, and 5% annual appreciation builds toward $51,665 over five years. Five-year ROI reaches 183.14% and total cumulative return in cash records $113,526. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,844/mo property income covering a $915/mo payment rather than investor’s personal income.
Single Family
Built in 1930
0.29 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sam Harvey • ARC Realty - Homewood
Mls Name: GALMLS
Mls Provider:
Mls ID: #21395401
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.