A tenant-occupied, income-producing single-family home offering investors immediate cash flow and long-term investment potential. As part of a four-property rental portfolio, this home provides the opportunity to acquire a stabilized investment. Located in East Lake, an established Birmingham neighborhood with convenient access to schools, shopping, major employment centers, and transportation routes, the property benefits from strong rental demand and favorable long-term market fundamentals. Whether you're expanding an existing portfolio or seeking a turnkey investment, this property delivers dependable income with the potential for future appreciation. Investor Alert: The 4 home portfolio currently brings in $3,390/mo from just 3 occupied homes. Once the 4th vacant property is leased, the projected portfolio income jumps to $4,190+/mo, unlocking a massive 14.37% Pro Forma Gross Yield and an 8.07% Cap Rate. See matching portfolio listings at MLS 21459928, 21459929, 21459930.
12 days
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95
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6
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Zillow last checked:
Listing updated:
Listed by:
Audra MarshallCELL:2057061984,
Keller Williams Realty Hoover
Source: GALMLS,MLS#: 21459932
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Rooms
Room types: Bedroom, Kitchen
Bedroom 1
Level: First
Bedroom 2
Level: First
Bedroom 3
Level: First
Kitchen
Level: First
Living room
Level: First
Basement
Area: 0
Heating
Central
Cooling
Central Air
Appliances
Included: None, Electric Water Heater
Laundry: Electric Dryer Hookup, Washer Hookup, Main Level, Laundry Closet, Yes
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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