900 Center St NBirminghamAL35204
Nearby investment properties with comparable rents
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
Rental property for sale in Birmingham at 900 Center St N, Birmingham, AL, 35204 generates $861/mo in rent and, after a $538/mo payment, leaves $241/mo in cash flow. Total monthly income is $861/mo, and annual cash flow is $2,886/yr on $36,465 invested. Return on cash invested sits at 27.82% in year one, and rental yield is 9.39% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 144.63% and total cumulative return in cash sums $52,740. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $861/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
6,098 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bryan Welch • REALTYNET
Mls Name: GALMLS
Mls ID: #21441868