Birmingham is an under-the-radar Southeast cash-flow market with healthcare, banking, and university employment supporting tenant demand.
Median Price
$220,000
Cap Rate
7.80%
Yield
8.20%
Vacancy
7.50%
What investors should underwrite for
Birmingham works for yield-focused investors. Stick to Hoover, Vestavia, and Homewood submarkets for stable Class-B tenancy.
Next step
Use our rental ROI calculator with Birmingham-specific rents and taxes to run a complete deal-level analysis on any property you are considering.