616 Denson St

Valley, AL 36854
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3 bd, 2 ba | 2,090 sqft | Built in 1920

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List Price
$204,900

Initial Investment

$55,835

Purchase Price

$204,900

Down Payment

25%

Rent

$2,060

Total Return

$101,000

Annualized Return

26.1%

Cap Rate

8.8%

Gross Yield

12.1%

Cash Flow

$5,895

Appreciation

6.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Experience classic Southern elegance in this 3BR/2BA home, boasting approximately 2090 sq ft of charm. The residence invites you in with its freshly painted, screened-in porch. Inside, the expansive living area features beautiful hardwood floors. The den, dining room, or flex space is versatile, with high ceilings and hardwoods throughout. The eat-in kitchen is updated with new vinyl flooring, freshly painted cabinets, granite countertops, and stainless steel appliances. All bedrooms are generously sized with hardwood floors. The master bathroom has been modernized with a tiled shower, dual vanities, quartz countertops, and vinyl flooring. The rear porch, also recently painted, provides additional storage space. Electrical systems, light fixtures, and plumbing were updated roughly 7 years ago. Nestled on a large corner lot adorned with shady trees, the property includes a 2-car detached carport and a powered outbuilding.

See more in Analysis
Ben Preston
LAH Real Estate
AL Agent License #840-10

Annual Financial Highlights

Expected Rent

$23,484

Expenses

-$4,900

Property Taxes

-$1,550

Loan Payments

-$11,139

Net Cash Flow

$5,895

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:Lori Terry
Agent License 340365
Century 21 Prestige
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGeorgia MLS
MLS #10341960
Last Updated: 07/24/2024 15:07
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