914 83rd St 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 914 83rd St S, Birmingham, AL, 35206 uses $36,465 cash to close to unlock $2,706/yr annual cash flow and $226/mo monthly cash flow. Total monthly income runs $846/mo, and a $538/mo payment keeps the spread at $226/mo. Purchase price stands at $110,000, and rental yield measures 9.23% with $846/mo rent. Return on cash invested shows 27.33% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 142% and total cumulative return in cash records $51,780. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $846/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1950
6,534 sqft 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: Bridget Sikora • Ray & Poynor Properties
Mls Name: GALMLS
Mls ID: #21399373