849 Gadsden HwyBirminghamAL35235
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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 849 Gadsden Hwy, Birmingham, AL, 35235 priced at $125,000 converts $988/mo rent into $282/mo cash flow after a $612/mo obligation. Total monthly income equals $988/mo, and annual cash flow totals $3,387/yr on $41,438 invested. Return on cash invested prints 28.08% in year one, and rental yield reads 9.48% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 146.05% and total cumulative return in cash sums $60,521. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $988/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 35235, Birmingham, AL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,834 (100%) |
| Owner Occupied HU | 5,097 (57.7%) |
| Renter Occupied HU | 2,992 (33.9%) |
| Vacant Housing Units | 745 ( 8.4%) |
| Median Home Value | $191,405 |
| Average Home Value | $260,508 |
Housing Distribution
Address Breakdown
Residential
8,419
Single Family
7,608
Multi-Family
811
Businesses
711
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Listed by: Evelia Limon • Trussville/East
Mls Name: RealtySouth
Mls ID: #21429524