505 Hickory St SE

Hartselle, AL 35640
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3 bd, 2 ba | 1,604 sqft | Built in 1920

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List Price
$279,900

Initial Investment

$76,273

Purchase Price

$279,900

Down Payment

25%

Rent

$1,270

Total Return

$56,196

Annualized Return

10.5%

Cap Rate

3.5%

Gross Yield

5.4%

Cash Flow

-$5,866

Appreciation

5.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

12,632

HOA

None

Flood Risk

Not Required

Discover this cozy 3-bedroom, 2-bathroom gem on Hickory Street in Hartselle, where charm meets functionality. This well-maintained home boasts hardwood floors, 10' ceilings, and meticulous attention to detail throughout. The spacious master suite features a giant walk-in closet, while the oversized laundry room adds convenience. Enjoy the benefits of all-new windows and a central unit installed just three years ago. Outside, you’ll find a powered shop and a delightful she-shed, perfect for hobbies or relaxation. With its thoughtful updates and inviting layout, this home is a must-see for anyone seeking comfort and character.

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NEIGHBORHOOD

SCHOOLS

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Ben Preston
LAH Real Estate
AL Agent License #840-10

Annual Financial Highlights

Expected Rent

$14,478

Expenses

-$2,577

Property Taxes

-$2,550

Loan Payments

-$15,217

Net Cash Flow

-$5,866

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:Cady Willingham
Agent License 118614
Agency On Main
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceHuntsville Area Association of Realtors
MLS #21879093
Last Updated: 01/20/2025 17:01
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