7816 1st 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
Total monthly income runs $1,055/mo, and a $869/mo payment. Purchase price stands at $177,500, and rental yield measures 7.13% with $1,055/mo rent. Return on cash invested shows 19.43% in year one, and 5% annual appreciation builds toward $49,040 over five years. Five-year ROI reaches 100.17% and total cumulative return in cash records $58,944. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,055/mo property income covering a $869/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
8,250 sqft 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: N/A • N/A
Mls Name: undefined
Mls ID: #N/A