1629 Dodson Dr NW

Cullman, AL 35058
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3 bd, 2 ba | 1,680 sqft | Built in 1966

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List Price
$199,900

Initial Investment

$54,473

Purchase Price

$199,900

Down Payment

25%

Rent

$1,590

Total Return

$124,536

Annualized Return

28.5%

Cap Rate

7.1%

Gross Yield

9.5%

Cash Flow

$2,683

Appreciation

9.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Welcome to 1629 Dodson Dr. NW! Located in a charming, established subdivision, this 3 bedroom -2 bath home offers both comfort and potential. The property features a fenced- in- backyard- ideal for pets and gatherings.- and a dedicated workshop for storage or projects. Inside, the spacious layout invites creativity to make it your own, as some upgrades are needed. This home presents a fantastic opportunity to add personal touches and create your dream space. Enjoy the blend of tranquility and convenience, with nearby amenities and easy access to main roads. A true gem with room to grow- come see its potential!! Call your favorite agent today.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Ben Preston
LAH Real Estate
AL Agent License #840-10

Annual Financial Highlights

Expected Rent

$18,126

Expenses

-$3,325

Property Taxes

-$1,250

Loan Payments

-$10,868

Net Cash Flow

$2,683

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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

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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:Mark Long
Hagemore Realty Group
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21401818
Last Updated: 11/07/2024 16:11
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.