8504 Division Ave

Birmingham, AL 35206
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3 bd, 1 ba | 1,120 sqft | Built in 1928

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List Price
$174,900

Initial Investment

$47,660

Purchase Price

$174,900

Down Payment

25%

Rent

$1,000

Total Return

$43,100

Annualized Return

13.2%

Cap Rate

4.7%

Gross Yield

6.9%

Cash Flow

-$1,738

Appreciation

5.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

16,750

HOA

None

Flood Risk

Not Required

Welcome to this beautifully renovated home in the heart of Birmingham! This cozy 3-bedroom, 1-bathroom property has been thoughtfully updated with all-new features throughout, making it move-in ready and perfect for anyone looking for comfort and convenience. Everything is brand new, from the floors to the fixtures! Gorgeous hardwood floors flow through the living areas, adding warmth and character to the space. The bathroom features stylish tile floors, complementing the tile shower/tub combo – perfect for relaxing after a long day. Enjoy outdoor living in your fenced backyard, ideal for pets, gardening, or just unwinding in privacy. Just minutes from downtown Birmingham and easy access to the freeway. This home combines the charm of a classic bungalow with all the modern amenities for today’s lifestyle. Whether you're a first-time homebuyer, a growing family, or someone looking to downsize, this home is perfect for you. Don’t miss out – schedule a tour today!

See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781

Annual Financial Highlights

Expected Rent

$11,400

Expenses

-$2,029

Property Taxes

-$1,600

Loan Payments

-$9,508

Net Cash Flow

-$1,738

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:Ana Laura Avalos
Local Realty
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21412424
Last Updated: 03/14/2025 16:03
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