8636 9th Court Cir SBirminghamAL35206
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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 8636 9th Court Cir S, Birmingham, AL, 35206 uses $38,123 cash to close to unlock $2,241/yr annual cash flow and $187/mo monthly cash flow. Total monthly income runs $922/mo, and a $563/mo payment keeps the spread at $187/mo. Purchase price stands at $115,000, and rental yield measures 9.62% with $922/mo rent. Return on cash invested shows 25.79% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 134.65% and total cumulative return in cash records $51,333. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $922/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.27 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: Jinny Forrester • Evernest Too
Mls Name: GALMLS
Mls Provider:
Mls ID: #21402274
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.