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Updated about 5 years ago on . Most recent reply

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19
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4
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BJ Gibbs
  • Investor
  • Atlanta, GA
4
Votes |
19
Posts

Is Birmingham AL a good cash flow market to invest in?

BJ Gibbs
  • Investor
  • Atlanta, GA
Posted

Looking at investing here. Curious as to your thoughts

Most Popular Reply

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232
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Art Perkitny
  • Specialist
  • Cleveland, OH
348
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232
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Art Perkitny
  • Specialist
  • Cleveland, OH
Replied

@BJ Gibbs

You should be able to find property with decent cashflow in Birmingham AL. 

The average rent to price ratio for the entire municipality is hovering at 0.67% and has been steadily rising for the past few years.

I would focus my search efforts on the western side of town if you are looking to maximize cash flow, just be carful about not investing in a part of town that is considered high risk.

Map below should rent to price ratios for census tracts in Birmingham. Data if from the American Community Survey 

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