8 17th Ave SBirminghamAL35205
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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 8 17th Ave S, Birmingham, AL, 35205 with 5% annual appreciation on a $100,000 basis while $753/mo rent supports operations. Total monthly income totals $753/mo and a $489/mo payment preserves $189/mo for cash returns. Annual cash flow comes to $2,268/yr on $33,150 deployed, and return on cash invested reaches 26.75% in year one. Equity gained on principal adds $645/yr, and five-year appreciation sums $27,628 alongside rental yield of 9.04%. Five-year ROI measures 138.8% and total cumulative return in cash totals $46,012.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $753/mo property income versus a $489/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35205, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,646 (100%) |
| Owner Occupied HU | 2,695 (23.1%) |
| Renter Occupied HU | 7,001 (60.1%) |
| Vacant Housing Units | 1,950 (16.7%) |
| Median Home Value | $365,353 |
| Average Home Value | $470,767 |
Housing Distribution
Address Breakdown
Residential
11,221
Single Family
5,821
Multi-Family
5,400
Businesses
803
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Listed by: Isabella Frazier • Trelora Realty Inc
Mls Name: GALMLS
Mls ID: #21425183