5421 Bellefield Dr N

Theodore, AL 36582
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3 bd, 2 ba | 1,125 sqft | Built in 2000

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List Price
$169,900

Initial Investment

$46,298

Purchase Price

$169,900

Down Payment

25%

Rent

$1,340

Total Return

$77,837

Annualized Return

22.9%

Cap Rate

6.8%

Gross Yield

9.5%

Cash Flow

$1,699

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,804

HOA

None

Flood Risk

Not Required

Welcome home to this three-bedroom, two-bath home in the Bellefield subdivision! This well maintained brick home is situated on a nice size corner lot. As you enter the home, you have a spacious open living area. This residence features a split bedroom floor plan with the primary bedroom on the left as you enter with an additional two bedrooms and one bath on the right side of the home. You have nice tile floors through out with carpet in each bedroom. Conveniently located just off Bellingrath Rd and located in close proximity to shopping, restaurants, and Interstate 10.

MARKETS

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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

$15,276

Expenses

-$2,790

Property Taxes

-$1,550

Loan Payments

-$9,237

Net Cash Flow

$1,699

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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:John Napper
Gulfbelt Properties Inc
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGulf Coast MLS (GCMLS)
MLS #7541175
Last Updated: 03/15/2025 11:03
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.