2433 5th Pl NW

Center Point, AL 35215
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3 bd, 2 ba | 2,779 sqft | Built in 1962

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List Price
$195,000

Initial Investment

$53,138

Purchase Price

$195,000

Down Payment

25%

Rent

$1,390

Total Return

$78,858

Annualized Return

20.5%

Cap Rate

6.2%

Gross Yield

8.6%

Cash Flow

$824

Appreciation

6.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Beatuifullly maintained brick home is in need of a new loving family. Three bedrooms and two full baths on the main level and a hugh family room with separate bonus room in the basement. The carpet throughout the main level is in excellent condition but there are hardwoods hidden beneath. Don't miss out on this jewel. Buyer's agent to verify anything of importance to buyer.

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

Annual Financial Highlights

Expected Rent

$15,846

Expenses

-$2,821

Property Taxes

-$1,600

Loan Payments

-$10,601

Net Cash Flow

$824

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:Shannon Burt
Sweet Homelife
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21392837
Last Updated: 07/26/2024 17:07
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.