Zip Code 35221 — Birmingham, AL
🟢STRONG— excellent cash flow marketA
Excellent
Strong cash flow + low risk · Score: 84/100
Cap Rate
21.3%
Monthly Cash Flow
+$755
Median Home Price
$60,817
DSCR
3.33
Fair Market Rents
- Studio
- $890/mo
- 1 Bedroom
- $1,010/mo
- 2 Bedroom
- $1,130/mo
- 3 Bedroom
- $1,420/mo
- 4 Bedroom
- $1,590/mo
Investment Metrics
- Cap Rate
- 21.3%
- Cash-on-Cash Return
- 64.7%
- Price-to-Rent Ratio
- 3.6
- 1% Rule
- 2.33%
- Gross Rent Multiplier
- 3.6
- Vacancy Rate
- 8.0%
Assumptions Used
20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
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