3510 Avenue C

Birmingham, AL 35218
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3 bd, 1 ba | 884 sqft | Built in 1925

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List Price
$85,000

Initial Investment

$23,163

Purchase Price

$85,000

Down Payment

25%

Rent

$740

Total Return

$38,091

Annualized Return

23.0%

Cap Rate

7.5%

Gross Yield

10.4%

Cash Flow

$1,223

Appreciation

6.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

5,200

HOA

None

Flood Risk

Not Required

Beautifully maintained and thoughtfully cared for rental property. The current tenant has called this home since 1998, demonstrating exceptional pride of ownership throughout. Professionally managed and currently rented at $775/month, the property offers both consistent income and hassle-free oversight. Inside and out, the condition is excellent—making this an ideal opportunity for any investor seeking stability and peace of mind.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Benjamin Hedden
Bham Realty
AL Agent License #000123781

Annual Financial Highlights

Expected Rent

$8,436

Expenses

-$1,792

Property Taxes

-$800

Loan Payments

-$4,621

Net Cash Flow

$1,223

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Mason Sanders
Bham Realty, LLC
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21416091
Last Updated: 04/17/2025 00:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.