833 1st St W #27BirminghamAL35204
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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
Investment property for sale in Birmingham at 833 1st St W #27, Birmingham, AL, 35204 earns from $1,020/mo rent with a $6,363/mo payment. Total monthly income totals $1,020/mo. ROI tracks 2.37% on current figures, and rental yield reads 0.94% at a $1,300,000 purchase. Equity gained on principal adds $8,389/yr, and 5% annual appreciation supports $359,166 over five years. Five-year ROI reaches 7.96% and total cumulative return in cash sums $33,507. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,020/mo property income instead of your personal income.
Multi Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35204, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,212 (100%) |
| Owner Occupied HU | 1,563 (30.0%) |
| Renter Occupied HU | 2,607 (50.0%) |
| Vacant Housing Units | 1,042 (20.0%) |
| Median Home Value | $104,329 |
| Average Home Value | $188,864 |
Housing Distribution
Address Breakdown
Residential
4,481
Single Family
4,282
Multi-Family
199
Businesses
420
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Listed by: Neal Thomas • Minnie Lee Realty
Mls Name: GALMLS
Mls Provider:
Mls ID: #21403937
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.