124 Opal Ave

Hueytown, AL 35023
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3 bd, 2 ba | 1,676 sqft | Built in 1971

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List Price
$189,000

Initial Investment

$51,503

Purchase Price

$189,000

Down Payment

25%

Rent

$1,380

Total Return

$93,826

Annualized Return

23.6%

Cap Rate

6.2%

Gross Yield

8.8%

Cash Flow

$807

Appreciation

8.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

High Risk - Zone AE

Well maintained home with the same owner for over 30 years. Great covered deck plus a large patio for BBQ's and family gatherings. Large laundry room with a lot of storage, plus two storage buildings to remain. Huge den on lower level is ideal place to gather for football Saturday's or the holidays. Pretty brick fireplace with gas logs will be so warm and cozy, decorated for winter holidays. Great location is just minutes from grocery, restaurants, and the interstate.

MARKETS

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NEIGHBORHOOD

SCHOOLS

N/A

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Benjamin Hedden
Bham Realty
AL Agent License #000123781

Annual Financial Highlights

Expected Rent

$15,732

Expenses

-$2,800

Property Taxes

-$1,850

Loan Payments

-$10,275

Net Cash Flow

$807

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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Similar Listings



Listing Courtesy of:Doug Yarbrough
Metro Real Estate Group LLC
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21392757
Last Updated: 07/25/2024 22:07
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.