7433 2nd Ave SBirminghamAL35206
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 7433 2nd Ave S, Birmingham, AL, 35206 in Birmingham speaks for itself: 11.84% gross on a $187,000 price, generating $1,844/mo in rent and $779/mo in net income after the $841/mo debt service. DSCR 2.19, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $9,352 stacks alongside $51,665 in projected five-year appreciation and $1,722/yr in principal reduction. Projected total cumulative return: $120,662.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 7.2% |
| Monthly Cash Flow | $779 | $450 |
City averages based on Birmingham market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,844 |
| Total Monthly Debt Service | $991 |
| DSCR Ratio | 1.86x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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.