124 Mabelon Dr

Hueytown, AL 35023
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3 bd, 1 ba | 1,052 sqft | Built in 1958

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List Price
$189,000

Initial Investment

$51,503

Purchase Price

$189,000

Down Payment

25%

Rent

$1,110

Total Return

$80,925

Annualized Return

20.2%

Cap Rate

4.8%

Gross Yield

7.0%

Cash Flow

-$1,623

Appreciation

8.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

13,370

HOA

None

Flood Risk

Not Required

This adorable home is located in the quiet suburbs of Hueytown. It has a large living room, dining room and a huge den that overlooks a huge fenced in backyard. It has been freshly painted inside and out, and a few other updates have been added; that makes it just perfect for a new owner. Please schedule a showing today.

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

Annual Financial Highlights

Expected Rent

$12,654

Expenses

-$2,252

Property Taxes

-$1,750

Loan Payments

-$10,275

Net Cash Flow

-$1,623

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:Margie Nixon
Norluxe Realty Birmingham LLC
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21412531
Last Updated: 03/15/2025 05:03
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.