1710 Bream Dr

Mobile, AL 36605
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4 bd, 1 ba | 1,008 sqft | Built in 1978

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List Price
$119,000

Initial Investment

$32,428

Purchase Price

$119,000

Down Payment

25%

Rent

$1,210

Total Return

$65,133

Annualized Return

27.7%

Cap Rate

8.7%

Gross Yield

12.2%

Cash Flow

$3,190

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

11,709

HOA

None
Ideal Rental Income Investment Property! This 4 bedroom, 1 bath home is a fantastic opportunity for investors looking to generate steady rental income! This property offers over 1000 sq.ft. +/- of living space with a functional layout. Recent Upgrades (All Less Than 3 Years Old per the seller) New plumbing, New 200-Amp Electrical System, New Metal Roof, New Windows, & Newer Water Heater. Great Location – Close to shopping, schools, major highways, and employers. Cash Flow Potential – Strong rental demand in the area with comparable homes renting for $1000 - $1400 per month. Whether you're a seasoned investor or just starting your rental portfolio, this property is a great income-generating opportunity. With most major components recently upgraded, this home is a turnkey investment opportunity offering long-term value and strong rental income potential. Sellers are willing to entertain all Cash or Conventional offers. reasonable offers. Don’t miss out—schedule a showing today! Please note: The property is currently rented. The tenant's lease is up in April. The tenant plans to relocate prior to April. Once the property is vacant, the seller plans to freshen up the property prior to closing. The tenant needs 24 hours notice for showings if possible. The listing company makes no representation as to the accuracy of square footage. Buyers /Buyers agent to confirm all information deemed important to the buyers. Sold As Is. The owner is a licensed real estate agent from another state.
(The first few pictures are current. The remaining pictures were taken prior to the tenant. The seller is willing to consider freshening up the property with an acceptable offer)

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

Annual Financial Highlights

Expected Rent

$13,794

Expenses

-$3,035

Property Taxes

-$1,100

Loan Payments

-$6,469

Net Cash Flow

$3,190

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:Marsha Mcduffie-Crawford
IXL Real Estate LLC
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGulf Coast MLS (GCMLS)
MLS #7541834
Last Updated: 03/17/2025 00:03
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.