$100,000
Seller Finance Deal in Birmingham, AL - 3 Bed
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Why Buy?
Total entry
$15,000
Monthly payment
$200/mo
Rent
$1,100/mo
Cash flow
$900/mo
The Numbers
Asking Price
$100,000
Total Entry
$15,000
EMD
$2,500
Down Payment
$5,000
Interest Rate
0%
Balloon
5 years
Monthly Payment
$200
Map
Subject Property
Deal summary
Seller-Finance SFH in Birmingham, AL 35211 – $100,000
3 bed · 1 bath · 950 sqft · built 1955 · Jefferson County
1955 single family home at 1648 Mims St SW. Seller financing available with just $15,000 down, 0% interest and $200 monthly payments,. Currently rented for $1,100 a month. Taxes/Insurance roughly $160/month *Buyer Protection Feature: Seller financing includes a 12-month balloon extension option if refinancing at 70% LTV is unavailable due to market conditions. With documented good-faith refinancing efforts and continued timely payments, buyers may exercise this option annually, providing additional flexibility and peace of mind