876 Goldwire 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
Investment property for sale in Birmingham at 876 Goldwire St SW, Birmingham, AL, 35211 uses $75,914 cash to close to unlock $5,367/yr annual cash flow and $447/mo monthly cash flow. Total monthly income runs $1,740/mo, and a $1,121/mo payment keeps the spread at $447/mo. Purchase price stands at $229,000, and rental yield measures 9.12% with $1,740/mo rent. Return on cash invested shows 26.98% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 140.09% and total cumulative return in cash records $106,349. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,740/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.54 Acres 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: Marco Requena • Keller Williams Realty Vestavia
Mls Name: GALMLS
Mls ID: #21430781