829 1st St SWBirminghamAL35211
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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 829 1st St SW, Birmingham, AL, 35211 priced at $214,900 pairs $2,038/mo rent with $767/mo cash flow after a $1,052/mo payment. Total monthly income equals $2,038/mo, and annual cash flow comes to $9,208/yr on $71,239 invested. Return on cash invested is 32.83% in year one, and rental yield stands at 11.38% on a $214,900 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,373 by year five. Five-year ROI measures 171.84% and total cumulative return in cash reaches $122,418. For financing, Ziffy Mortgage’s DSCR program evaluates $2,038/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1928
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35211, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,583 (100%) |
| Owner Occupied HU | 4,867 (35.8%) |
| Renter Occupied HU | 6,218 (45.8%) |
| Vacant Housing Units | 2,498 (18.4%) |
| Median Home Value | $127,860 |
| Average Home Value | $225,345 |
Housing Distribution
Address Breakdown
Residential
12,074
Single Family
9,184
Multi-Family
2,890
Businesses
679
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Listed by: Tahira Khadair • New Image Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21417371
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.