3715 AL Highway 9 S

Piedmont, AL 36272
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3 bd, 2 ba | 1,294 sqft | Built in 1950

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List Price
$149,900

Initial Investment

$40,848

Purchase Price

$149,900

Down Payment

25%

Rent

$880

Total Return

$13,838

Annualized Return

5.9%

Cap Rate

5.4%

Gross Yield

7.0%

Cash Flow

-$603

Appreciation

2.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

If you have been looking for a perfect starter Home with a large yard and in the Spring garden School District then this is the one for you. 3 Bedroom 2 Bath with 1264 square feet situated on 1.6 Acres and is in the perfect location between Piedmont & Centre. Inside you will find a good sized kitchen with plenty of cabinets with butcher block style counter tops, stainless appliances and an island. A large Master BR with master bath and walk in closet. LVP throughout. Outside you have a large fenced yard, storage building, 2 car carport and a great front porch. This Home is even eligible for 100% financing. Call your favorite Realtor today before its gone.

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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

$10,032

Expenses

-$1,886

Property Taxes

-$600

Loan Payments

-$8,149

Net Cash Flow

-$603

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:Phillip Winkles
Keller Williams Realty Group
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21400762
Last Updated: 10/22/2024 06:10
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.