About this home
Property description
This charming 2-bedroom, 1-bath single-family home offers approximately 1,083 square feet of living space and presents an excellent investment opportunity. Located in Birmingham's established South East Lake area, the property is well-positioned for long-term rental demand and easy access to local amenities, schools, shopping, Ruffner Mountain, and major transportation routes. Whether you're adding to an existing portfolio or seeking a stable income-producing asset, this home combines affordability, functionality, and investment potential. 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 21459932, 21459928, 21459929, 21459930.