307 S BROAD ST

ALBERTVILLE, AL 35950
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3 bd, 3 ba | 2,772 sqft | Built in 1978

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List Price
$298,000

Initial Investment

$81,205

Purchase Price

$298,000

Down Payment

25%

Rent

$3,730

Total Return

$186,508

Annualized Return

32.5%

Cap Rate

10.5%

Gross Yield

15.0%

Cash Flow

$13,492

Appreciation

6.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

54,540

HOA

None

Flood Risk

Not Required

Talk about a great location! Convenient to everything downtown Albertville. Newly remodeled throughout. This spacious 2,770 sq ft home features 3 beds, 2.5 baths, master bath with large vanity and tile shower. Enjoy the brick fireplace inside the extra-large living room. Modern kitchen with new appliances and granite tops. Kids and pets will love the huge fenced-in backyard and huge covered patio. Detached outbuilding is perfect for storage or workshop. Two car garage and expansive driveway offers plenty of parking for everyone. Less than 1/4 mile from Albertville High School. Local to everything, restaurants, shopping, grocery stores, City Hall, Utilities Board, and Post Office.

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

Annual Financial Highlights

Expected Rent

$42,522

Expenses

-$10,129

Property Taxes

-$2,700

Loan Payments

-$16,201

Net Cash Flow

$13,492

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:Russ Elrod
Agent License 155219
Ainsworth Real Estate, LLC
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceHuntsville Area Association of Realtors
MLS #21886150
Last Updated: 04/14/2025 20:04
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