1418 Clairmont Dr

Weaver, AL 36277
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3 bd, 2 ba | 1,385 sqft | Built in 1969

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List Price
$175,000

Initial Investment

$47,688

Purchase Price

$175,000

Down Payment

25%

Rent

$1,060

Total Return

$18,404

Annualized Return

6.7%

Cap Rate

5.6%

Gross Yield

7.3%

Cash Flow

-$281

Appreciation

2.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

18,800

HOA

None

Flood Risk

Not Required

New to the market this renovated 3 bedroom 2 bathroom with just over 1300 square foot would make the perfect starter home or investment property! Fresh neutral paint throughout with luxury vinyl flooring makes maintenance a breeze for years to come. The kitchen offers stainless steels appliances for all the culinary needs. The back yard is spacious, flat, and perfect for hosting that next gathering. Call today for your own personal tour!

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

$12,084

Expenses

-$2,151

Property Taxes

-$700

Loan Payments

-$9,514

Net Cash Flow

-$281

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:Charles Hammonds
Keller Williams Realty Group
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21402090
Last Updated: 11/06/2024 03:11
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.