404 12TH ST SW

BIRMINGHAM, AL 35211
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3 bd, 1.5 ba | 1,744 sqft | Built in 1920

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List Price
$125,000

Initial Investment

$34,063

Purchase Price

$125,000

Down Payment

25%

Rent

$1,240

Total Return

$62,835

Annualized Return

26.0%

Cap Rate

8.5%

Gross Yield

11.9%

Cash Flow

$3,082

Appreciation

6.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,960

HOA

None

Flood Risk

Not Required

New Listing!** This beautifully **renovated 3-bedroom, 2-bathroom** home is a perfect blend of modern updates and timeless charm. Featuring a brand-new kitchen with stainless steel appliances, updated bathrooms, fresh paint, and stylish flooring throughout, this property is truly move-in ready. Whether you're an investor seeking a high-demand rental or a homeowner looking for a turnkey residence, this home offers incredible value. With a spacious layout and prime location, it's an opportunity you don’t want to miss. **Schedule your showing today!

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

Annual Financial Highlights

Expected Rent

$14,136

Expenses

-$3,068

Property Taxes

-$1,190

Loan Payments

-$6,796

Net Cash Flow

$3,082

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:Jared Fagan
eXp Realty, LLC Central
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21412987
Last Updated: 03/21/2025 02:03
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.