1504 Holly Berry Way

Anniston, AL 36207
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3 bd, 2 ba | 1,910 sqft | Built in 1993

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List Price
$239,900

Initial Investment

$65,373

Purchase Price

$239,900

Down Payment

25%

Rent

$1,210

Total Return

$13,185

Annualized Return

3.5%

Cap Rate

4.6%

Gross Yield

6.1%

Cash Flow

-$2,654

Appreciation

2.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Charming 3 bedroom, 2 bath home located in the desirable Holly Hill neighborhood! All this home needs are some cosmetic updates. This 4 sided brick home has so much to offer! All the rooms are large with great wall space. New HVAC and New Roof! Hot water heater approx. 5 yrs old. The sunroom even has its own separate air conditioner and makes a great additional living space or office. There is recessed lighting and wood blinds throughout with tons of storage. The backyard is fully fenced with a large storage unit and sprinkler system. Don't miss this opportunity!

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

Annual Financial Highlights

Expected Rent

$13,794

Expenses

-$2,455

Property Taxes

-$950

Loan Payments

-$13,042

Net Cash Flow

-$2,654

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:Karen Kennessey
Classic Realty Groups
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21392776
Last Updated: 07/26/2024 00:07
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