150 Winstead Cir

Owens Cross Roads, AL 35763
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3 bd, 2 ba | 1,346 sqft | Built in 2019

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List Price
$229,900

Initial Investment

$62,648

Purchase Price

$229,900

Down Payment

25%

Rent

$1,630

Total Return

$113,371

Annualized Return

23.7%

Cap Rate

6.2%

Gross Yield

8.5%

Cash Flow

$1,395

Appreciation

8.0%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

13,068

HOA

$9/mo

Flood Risk

Not Required

OPEN HOUSE SUN 3/16/25 2-4 Huge value waiting for YOU! Adorable brick rancher...Hurry in to see this cute 3 bed 2 bath home with large PRIVATE back yard and 2 car garage. 5 years young, entertain easily in this modern home with wide open floor plan showcasing beautiful kitchen granite countertop with bar seating for lots. Enjoy fashionable lighting throughout plus hardwood cabinetry. Isolated master bedroom/bathroom has large tub and walk-in closet. Fenced backyard with covered porch! Great value!! Eligible for USDA Rural Development loan.

See more in Analysis
Mel Priess-AL
Roofstock Realty LLC
Agent License #000141516

Annual Financial Highlights

Expected Rent

$18,582

Expenses

-$3,139

Property Taxes

-$1,550

Loan Payments

-$12,499

Net Cash Flow

$1,395

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:Yvette Melkerson
Agent License 88230
CRYE-LEIKE REALTORS - Hsv
Certified Agent Brokerage:Mel Priess-AL
Roofstock Realty LLC
SourceHuntsville Area Association of Realtors
MLS #21883410
Last Updated: 03/15/2025 17:03
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