CalculateRealEstateROI

Market Research

Birmingham, AL — Investment Research

Birmingham is an under-the-radar Southeast cash-flow market with healthcare, banking, and university employment supporting tenant demand.

Reviewed by Keiron Brown, Founder & Editor, CalculateRealEstateROI · Educational estimates only — not investment, financial, tax, or legal advice

Opportunity
57
Future Outlook
55
Grade
C
Cap Rate
7.8%

Market Commentary

Birmingham works for yield-focused investors. Stick to Hoover, Vestavia, and Homewood submarkets for stable Class-B tenancy.

Fundamentals

Median Price
$220,000
Median Rent
$1,500
per month
Yield
8.2%
Pop Growth
0.3%
Job Growth
1.3%
Vacancy
7.5%

Investment Pros / Cons

  • ✓ Excellent cash flow
  • ✓ Low property taxes
  • ✓ Healthcare-anchored economy
  • × Modest appreciation
  • × Limited population growth
  • × Submarket selection critical