3240 Armstrong Loop
Hayden, AL 35079
List Price
$159,000
Initial Investment
$43,328Purchase Price
$159,000
Down Payment
25%
Rent
$1,230
Total Return
$69,994
Annualized Return
22.4%
Cap Rate
6.9%
Gross Yield
9.3%
Cash Flow
$1,822
Appreciation
6.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
None
Flood Risk
Not Required
MID CENTURY BRICK COTTAGE home on 2 Acres in Hayden Alabama. Peaceful setting and a charming home that will be fun to fix up or move in and live. INCREDIBLE OPPORTUNITY for Investors, First Time Buyers, Flippers and people looking to downsize! Entertain Guests or Simply Relax this home feels so comfy and cozy and has a laid back simple lifestyle feeling that you are searching for. FEATURES: 3 Bedrooms ~ 1 Bathroom ~ Wood Burning Fireplace ~ ONE LEVEL LIVING ~ HVAC 2022 ~ ROOF 2015 ~ Full Basement ~ Hardwood Floors ~ Fenced Back Yard ~ Rear Entry Basement Garage ~ Plenty of room to park your RV Campers and Boats. Take a tour to see how 3240 Armstrong Loop feels and love where you live when you make this your home sweet home!
See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781
Annual Financial Highlights
Expected Rent
$14,022Expenses
-$2,536Property Taxes
-$1,020Loan Payments
-$8,644Net Cash Flow
$1,822See 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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SourceGreater Alabama MLS
MLS #21402048
Last Updated: 11/06/2024 01:11
MLS #21402048
Last Updated: 11/06/2024 01:11