1631 Viking Dr

Birmingham, AL 35235
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4 bd, 2.5 ba | 2,162 sqft | Built in 1980

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List Price
$149,900

Initial Investment

$40,848

Purchase Price

$149,900

Down Payment

25%

Rent

$1,670

Total Return

$120,906

Annualized Return

36.0%

Cap Rate

9.5%

Gross Yield

13.4%

Cash Flow

$5,128

Appreciation

10.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

13,625

HOA

None

Flood Risk

Not Required

INVESTORS DREAM! Opportunities abound in this home. With four bedrooms and two and a half baths, there's plenty of room to spread out in this space. An eat-in kitchen and dining room allows for flexible dining space, and the high ceilings and tall, brick fireplace make the entire living area feel warm, yet airy and comfortable. Massive basement den comes with a fourth bedroom/bonus room, full bath and laundry room. Come see this property for yourself before it's gone! Property sold AS-IS. Some photos edited with AI to stage and declutter.

See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781

Annual Financial Highlights

Expected Rent

$19,038

Expenses

-$4,411

Property Taxes

-$1,350

Loan Payments

-$8,149

Net Cash Flow

$5,128

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:Heather Willoughby
Century 21 Advantage
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21392918
Last Updated: 07/27/2024 06:07
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