4062 Plains Ave SW
Fort Payne, AL 35967
List Price
$279,000
Initial Investment
$76,028Purchase Price
$279,000
Down Payment
25%
Rent
$2,440
Total Return
$146,400
Annualized Return
26.5%
Cap Rate
8.0%
Gross Yield
10.5%
Cash Flow
$6,328
Appreciation
7.1%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
30,492
HOA
None
Flood Risk
Not Required
This unique 4-bedroom, 2.5-bath home in Pine Hills, Fort Payne, sits on .70 acres, providing ample space for extra storage or parking. Enjoy breathtaking east-facing views of Lookout Mountain from the verandas. The back deck is perfect for grilling and entertaining, with easy access to a detached utility shed. Inside, luxury vinyl plank flooring runs throughout, complementing a cozy wood-burning fireplace. Recent upgrades include a structural steel column with poured footing, crawlspace encapsulation with a dehumidifier, and a warranty. Fort Payne offers rich history, outdoor recreation, and charming downtown. Call today for a private viewing!
See more in Analysis
Ben Preston
LAH Real Estate
AL Agent License #840-10
Annual Financial Highlights
Expected Rent
$27,816Expenses
-$4,950Property Taxes
-$1,370Loan Payments
-$15,168Net Cash Flow
$6,328See 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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