8504 Division AveBirminghamAL35206
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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 8504 Division Ave, Birmingham, AL, 35206 at $166,000 posts ROI 24.52% with $212/mo cash flow from $1,148/mo rent. Total monthly income equals $1,148/mo, and annual cash flow records $2,538/yr on $55,029 to close. Return on cash invested measures 24.52% and rental yield reads 8.3% at the current $166,000. Equity gained on principal adds $1,071/yr, and 5% annual appreciation supports $45,863 by year five. Five-year ROI prints 126.9% and total cumulative return in cash totals $69,829.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,148/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1928
0.28 Acres 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
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Listed by: Steve Owens • Keller Williams Homewood
Mls Name: GALMLS
Mls ID: #21430069