5918 WATTERS DR

BESSEMER, AL 35023
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3 bd, 1 ba | 960 sqft | Built in 1958

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List Price
$190,000

Initial Investment

$51,775

Purchase Price

$190,000

Down Payment

25%

Rent

$1,170

Total Return

$84,095

Annualized Return

20.9%

Cap Rate

5.1%

Gross Yield

7.4%

Cash Flow

-$1,116

Appreciation

8.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,180

HOA

None

Flood Risk

Not Required

Welcome to your dream home in the heart of Concord! This stunning 3-bedroom, 1-bath home has been completely renovated with modern living in mind. Enjoy the peace of mind that comes with a new septic tank & field lines, roof, windows and a HVAC system! Step inside the beautiful front door to find like new construction! Kitchen features white cabinetry, stone countertops and new appliances. The brand new bathroom is a true retreat, boasting a custom tile tub/shower, gorgeous double vanity and light fixtures that elevate the space. Gather with friends and family on the new deck, perfectly situated to overlook your spacious backyard—a fantastic setting for grilling and outdoor relaxation. The unfinished basement offers endless possibilities for expansion or storage. With fresh sheetrock and flooring throughout, this home is move-in ready. Don't miss your chance to own this beautifully renovated gem; schedule a showing today and experience the perfect blend of comfort and style in Concord!

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

Annual Financial Highlights

Expected Rent

$13,338

Expenses

-$2,374

Property Taxes

-$1,750

Loan Payments

-$10,329

Net Cash Flow

-$1,116

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:TJ Westmoreland-Mahan
Keller Williams Metro South
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21412888
Last Updated: 03/19/2025 15:03
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