Deal summary

Section 8 SFH in birmingham, AL 35211 – $58,000

3 bed · 1 bath · 900 sqft · built 1920 · Jefferson County

The property generates $950 in monthly rental income, with a long-term tenant in place under a lease through February 2027. Improvements completed before the tenant moved in during 2022 include fresh interior paint, new flooring, drywall, and an ADA-friendly wheelchair access ramp. With a 20% down payment of $11,600, the projected net cash flow is approximately $384.90 per month based on the provided annual cash-flow figure, offering a reported 27.82% cash-on-cash return. This is an excellent opportunity for investors seeking an affordable, income-producing rental in Birmingham!