619 80th St S

Birmingham, AL 35206
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3 bd, 1.5 ba | 1,025 sqft | Built in 1930

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List Price
$179,000

Initial Investment

$48,778

Purchase Price

$179,000

Down Payment

25%

Rent

$960

Total Return

$40,888

Annualized Return

12.2%

Cap Rate

4.3%

Gross Yield

6.4%

Cash Flow

-$2,385

Appreciation

5.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,000

HOA

None

Flood Risk

Not Required

(PLEASE USE VIDEO LINKS FOR A REAL FEEL WALKTHROUGH) Welcome Home, Newly %100 Renovated throughout. With all new features including 2023 HVAC, 2023 Flooring, 2023 Interior and Exterior paint, New plumbing, New appliances, Hand crafted crown molding and trey ceilings. Brand new deck and 8ft. wooden privacy fence added. This is a charm located in the fast growing South Eastlake community. Don't hesitate, set up your showing today! %100 Financing Terms may apply for this property!

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

Annual Financial Highlights

Expected Rent

$10,944

Expenses

-$1,948

Property Taxes

-$1,650

Loan Payments

-$9,731

Net Cash Flow

-$2,385

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:David Buchanan
eXp Realty, LLC Central
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21392808
Last Updated: 07/26/2024 04:07
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.